Explained in plain English
What is 'cash is king'?
When markets are uncertain or overvalued, holding a lot of cash, like Berkshire Hathaway is doing, means you're ready to buy assets cheaply if prices fall. This strategy, often called 'cash is king', allows investors to snap up bargains when others are struggling, potentially leading to big returns later on.
Stories that explain this
Berkshire Hathaway holds record cash as market shows warning signsThis explainer came from a news story
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