#WarrenBuffett will only start buying stocks again if the Federal Reserve intervenes in the market
Warren Buffett, CEO of #BerkshireHathaway and the most successful investor in the world, is currently sitting on $334 billion cash and history tells us he probably won't spend any of it on new stock positions unless the Federal Reserve jumps into the market and stabilizes it.
Oracle of Omaha #Oracle any major deals this year, despite a market contraction that looks like Buffett's textbook territory.
Although he has never claimed to time the market, the moves he made over the past year stand out now. Warren sold off Apple and Bank of America, two of his largest stock positions, just before the market faded.
The S&P 500 has fallen more than 20% from its highs - entering bear market territory - still not biting