🍏🍏 Warren Buffett’s cash and cash equivalents have reached an unprecedented $227 billion, the highest since 2005, just before the 2008 financial crisis. This may signal that he thinks a larger crisis is brewing . At the same time, it is his smart strategy of value investing philosophy at work. He is selling at the current overvalued market and keep a big war chest for value purchase down the road. Traders should take note of Buffett’s stock market action. A word of caution here: Don’t think it is wise to take over Buffett’s Apple shares. Thanks
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