he likes to donate to charity so maybe some portion of it will be gave away. another portion will be waiting for great opportunities. it doesn't have to be a correction, sometimes good companies fall for no reason. he can invest at anytime.
Is the Downturn a Good Time to Revisit Buffett's Wisdom?
Berkshire Hathaway grew a record cash pile even larger to $334 billion. Buffett has avoided many historic downturns throughout his long investing career. With the market showing no clear signs of bottoming out, is it time to revisit Buffett's investment philosophy? Which of his quotes have been the most eye-opening for you? And is Berkshire a good hedge in times like these?
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