While Wall Street continues to hit lifetime highs as artificial intelligence stocks rally, legendary investor Warren Buffett’s Berkshire Hathaway is sitting on nearly $400 billion in cash, while Michael Burry — best known for correctly predicting the 2008 housing crisis — continues to sound the alarm over a possible AI bubble.
Berkshire Hathaway recently reported a record cash pile near $400 billion at the end of the first quarter of 2026. Earlier this month, Buffett told CNBC that it is not the ideal environment to invest Berkshire’s record cash hoard. Several market analysts explained that the rationale behind this move may be expectations of a sharper crash ahead.
