Is Warren Buffett playing chess while everyone else is playing checkers? In 2024 alone, the legendary investor doubled Berkshire Hathaway’s cash reserves to a staggering $334.2 billion, a move that now looks eerily like he was preparing for a financial storm. As the stock market takes a beating, Buffett’s decision to ditch risky tech stocks and hoard cash has made him one of the few unscathed investors amid the turmoil.
Meanwhile, top economist Harry Dent is predicting a market meltdown worse than 2008, warning that the artificially inflated bubble now 14 years in the making is about to burst in catastrophic fashion. He even suggests that Nvidia, one of the strongest stocks of the decade, could crash by 98%, shaking global markets to their core.
With Treasury yields flashing warning signs and recession fears mounting for 2025, Buffett’s massive war chest suddenly looks like a masterstroke. Did he see this collapse coming before everyone else? Or was it just another case of his signature caution paying off? Either way, while other investors are scrambling, Buffett is sitting on a record-breaking pile of cash ready to pounce when the dust settles.
