A very red day all around for the market, we are down a little, but less than the indexes. I just wanted to remind copiers that we have built up a cash position in anticipation of this sort of volatility, and a certain amount of correction to values is to be expected as there is very little that looks cheap to invest in right now
Warren Buffet is also holding record cash position in Berkshire Hathaway according to recent filings, so this isn't so much of a contrarian position as it may seem.
This year has seen excellent returns to date, and there is a general feeling of 'let's just bring it home' to the markets right now. I think we will see some retreatment from Ai shares for the rest of the year as the voices shouting 'bubble' grow louder.
As always, this is only my opinion, and not investment advice. Looking at the most likely scenario and not being taken by surprise (too much) when this turns out to be wide of the mark is very much part of investment. Right now I'm more in the mindset of holding cash and waiting for opportunity is the wise decision.
Paul. ... Show More
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Sat Dec 06 2025 03:14:14 GMT+0000 (Coordinated Universal Time)
