> Warren Buffett Blog: Berkshire increasing Cash Positions compared to most individual investors

Wednesday, August 27, 2014

Berkshire increasing Cash Positions compared to most individual investors

Individual investors have been cutting back on cash in portfolios, the exact reverse of what Warren Buffett has been doing at Berkshire Hathaway.

Who do you think has got it right?

Cash at Berkshire Hathaway stood at just over US$55 billion as of June 30, 2014 an all-time high and two-and-a-half times the level he has said in the past he likes to keep on tap to meet extraordinary claims at his insurance businesses. That’s also up more than 50 per cent from a year ago.

Mr Buffett’s green pile is in sharp contrast to individual American investors, who have cut cash in portfolios to 15.8 per cent, a 14-year low, according to the July asset allocation survey from the American Association of Individual Investors.


via http://www.thenational.ae/business/markets/warren-buffetts-55bn-cash-hoard-bucks-trend