Berkshire's $397 Billion Bet Against an Overheated Market

Berkshire's $397B Bet Against an Overheated Market

Berkshire Hathaway holds a record $397 billion in cash, signaling caution as the Buffett Indicator and Shiller P/E ratios flash warning signs of an overvalued market. Under new CEO Greg Abel, the company faces pressure from rising insurance claims and a lack of the 'Buffett Premium,' yet remains poised to seize opportunities if a major market correction occurs.

"Buffett built his reputation buying when everyone else was selling."