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Fortune
Fortune
Greg McKenna

Will Warren Buffett say why he’s holding so much cash?

Warren Buffett, Chairman and CEO of Berkshire Hathaway, is driven in a golf cart. (Credit: Kevin Dietsch—Getty Images)
  • While the stock market has risen to record highs over the past two years as corporate valuations soar, Buffett has been a net seller over the past eight quarters—a trend that likely continued in Q4. Investors are eagerly awaiting whether his letter to Berkshire shareholders will contain any indications that the “Oracle of Omaha,” who famously sat out the dotcom bubble, thinks a market correction is imminent.

Six decades after Warren Buffett purchased a struggling New England textile company called Berkshire Hathaway, America’s most revered investor will address shareholders in his annual letter on Saturday morning. 

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