[Warren Buffet Lines] Is it time to stay short?

 In other words, Wall Street is now getting suspicious 

In times of crisis like these, we need to utilise our cash reserves to buy assets at the right price. As of now, we have seen no concrete action taken by the IMF in assisting the crisis at hand here, which showcases potential issues with the bureaucratic process. Is it time for us investors to step in? 


Perhaps not as there is still much potential for great downside in these economies. As for Berkshire, we shall be waiting for a signal — or rather, any good news — for us to start putting our cash reserves to use and bringing profit back to our shareholders. 


“Never bet against America, but you can definitely bet against these flailing nations.” - Buffet, 1998


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