Part 6/7:
Finally, the panel examined Warren Buffett's recent actions, including the sale of over $100 billion in Apple stock, the halt of Berkshire Hathaway's stock buybacks, and the growth of the company's cash balance to a record $325 billion. Lutz emphasized the need to look at Buffett's cash position relative to Berkshire's market capitalization, rather than just the absolute cash figure.
He noted that Berkshire's cash as a percentage of its market cap, while high, is not necessarily an outlier compared to historical levels. Lutz cautioned against reading too much into Buffett's moves in the short term, given the investor's long-term track record of success.