RE: Advice1 Sep 2025 15:40
Buffett is sitting in cash because there is nothing cheap to buy, and hasn’t been for years, it’s got nothing to do with retirement. He did buy a decent stake recently in a beaten up American health business, according to CNBC.
Advice here should be learn what the markets are doing today, now ! The old saying do your research !
So, the markets here on this particular share Lgen are telling you it’s going down, regardless of fair value, investing over 30/40
taking the long view, that analysis is quite frankly lazy.
So, with a fast approaching soveign debt crisis shouldn’t the ‘old school seen it all investors’ say to the newbie, hold on a minute son, leave it a while, give it a bit of time, it all seems a bit dicey !
Or, do they do the typical British thing of ‘let’s carry on regardless’. Dear boy, Queen and country and all that !
Good Luck, and someone had to say it . No offence meant guv, honest !