Tag Archives: hoard

Should I buy this big dip? Warren Buffett has spent a third of his cash hoard — so it might be a sharp idea to start nibbling Warren Buffett is back in his element. After sitting on a growing cash pile for years, Buffett is finally opening up his wallet. The Oracle of Omaha deployed $51 billion in the first three months of this year. That’s roughly one-third of the cash pile his company, Berkshire Hathaway, had at the end of 2021. Here are all the stocks he added to the portfolio in the… Source link

Investors are starting to get very nervous about the market’s near-term direction, and it shows in their actions. “Russia/Ukraine drives fund manager cash levels to highest since April 2020 (COVID), global growth optimism to lowest since Jul’08 (Lehman),” said Michael Hartnett, Bank of America chief investment strategist, in the latest survey of managers from the bank. The details behind the report are ugly. Hartnett notes growth expectations among fund managers is at a 14-year low. The… Source link

While traders are making bank chasing Apple to a $3 trillion market cap, many in the market are adding cash to their accounts amid heightened concerns around the Omicron variant and a more hawkish Federal Reserve. Bank of America’s monthly fund manager survey out Tuesday found cash allocation among investors surged 14 percentage points in December from November. Fund managers were net 36% overweight cash, the highest allocation to the asset class since May 2020. Besides cash, investors also… Source link