Its Berkshire Hathaway conglomerate is crumbling under a mountain of cash, more than 130 billion dollars. But unlike 2008, the most famous value investor, Warren Buffett, did not take advantage of the crisis to invest. An immobility that worries some of its investors.
His absence is more and more noticeable. Warren Buffett, the most famous value investor at the head of Berkshire Hathaway, remained behind during the financial crisis. A restraint which is intriguing, especially since his group has a war chest of nearly 140 billion dollars.
The “oracle of Omaha”, now 89 years old, however complained in recent years of excessively high valuations. He who constantly seeks to invest in discounted companies struggled to find sufficiently interesting opportunities. But as the markets fell, he preferred to stay on the sidelines.