Buffett has increased his cash balance significantly since December 2023. Legendary investor Jim Rogers went even further, and except for some equity investments in China and Uzbekistan, sold all his equity investments worldwide, including in the US.
Interestingly, Jim Rogers parks his liquidity either in US dollars (the cleanest shirt in a dirty pile) or buys gold and silver.
Buffet doesn't like holding cash. He knows he's/it's losing value.
Great article!
Buffett has increased his cash balance significantly since December 2023. Legendary investor Jim Rogers went even further, and except for some equity investments in China and Uzbekistan, sold all his equity investments worldwide, including in the US.
Interestingly, Jim Rogers parks his liquidity either in US dollars (the cleanest shirt in a dirty pile) or buys gold and silver.
https://ffus.substack.com/p/jim-rogers-exits-us-stocks