Part 4/13:
Amid these complex signals, examining how the ultra-wealthy are positioning themselves provides valuable insights. Warren Buffett's Berkshire Hathaway exemplifies caution; the company's record cash hoard of approximately $340–$380 billion constitutes about 30% of its assets. Buffett has explicitly stated that he lacks attractive deals at current prices, leading him to hoard cash rather than deploy it into overvalued markets. This is a clear sign that even the most patient, long-term investors see elevated risks.