Did Warren Buffett bet against the US economy?

What did Warren Buffett buy recently?

AbbVie. Buffett first bought AbbVie (ABBV, $118.41) in the third quarter of 2020 as part of a wider bet on the pharmaceutical industry. But most recently, Berkshire Hathaway has cut its position for a second quarter in a row. The holding company sliced 10% off its ABBV stake in Q2, unloading 2.3 million shares.

Is Buffett sitting on cash?

Omaha, Nebraska-based Berkshire is sitting on $145.4 billion in cash and short-term investments because Buffett has struggled to find major acquisitions for the company for several years.

How much cash does Warren Buffett have?

Warren Buffett’s cash pile tops record with $149.2 billion on hand. Warren Buffett’s Berkshire Hathaway Inc. now has a record amount of money to put to work.

What did Warren Buffet say about bonds?

Warren Buffett slammed bonds on Saturday, saying the fixed-income market is “not the place to be these days.” Historically low Treasury yields and negative-yielding debt in some countries leave debt investors facing “a bleak future,” he added.

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