🔥There is an interesting connection between the cash reserves of #BerkshireHathaway run by investment legend #WarrenBuffett and the performance of the US stock market.
History has recorded that, within 12 months after Berkshire reported a record high level of cash reserves, the US stock market often entered a significant decline. This happened in 2000, 2008 and 2020.
Recently, on Saturday, Berkshire Hathaway once again reported an all-time high in cash reserves of $188.99 billion. Is this a sign of a new decline in the US stock market in the near future?
