Is Warren Buffett Bargain Hunting, or Is He Adding to Berkshire’s Large Cash Position?

As a result of the new U.S. tariffs and resulting trade war, the risk/return profile for investing in U.S. equities is deteriorating. Risk is increasing and expected returns are decreasing. Do you think Warren Buffett is bargain hunting, or is he adding to Berkshire’s large cash position? (Answer on May 3 at Berkshire’s annual meeting.)

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