Warren Buffett saw the selloff coming and hoarded cash, analyst says, as markets await his next move — ‘patience is more than a virtue, it’s a weapon’
Amid the stock market selloff, Berkshire Hathaway CEO Warren Buffett’s recent capital movements suggest he was preparing for it, according to an analyst. After tumbling more than 10% from its last peak, the Nasdaq remains in correction territory. The S&P 500 also entered a correction, though Friday’s rally pared its decline to less than 10% … Read more