CNBCのインスタグラム(cnbc) - 12月5日 01時50分


Warren Buffett has a whopping $128 billion to burn.⁠

So then why did he just back out of a bidding war after a slightly higher offer topped Berkshire Hathaway’s? One potential reason: The market could be way overvalued.⁠

Little is cheap in the market right now as stocks’ record run this year drives multiples higher across the board and lifts most stocks. The S&P 500 is up 25% this year, on pace for its best annual performance since 2013.⁠

That could explain why the Oracle of Omaha was shy to spend a little more of his giant cash pile to outbid his competitor.⁠

It begs the question, if Buffett isn’t willing to pay a premium, should you?⁠

Read more at the link in bio.


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