Hi Gang, Ya think Warren Buffet knows something we don't? It seems he has over $80 BILLION dollars in cash reserves, more than twice he had in 2008.
Another tidbit from TheoTrade. He says that an old floor trader told him "You make most of your money in a bear market, you just don't realize it at the time." The old floor trader was quoting someone, undisclosed, who borrowed $100,000 and turned it into $800 million.
Best,
Allen