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Buffett once called this investment a ‘terrible long-term asset’ — but he’s holding $348 billion of it today
Yahoo Finance·2025-10-04 00:17

While Buffett is holding a massive cash pile , his warning about its drawbacks remains relevant. Inflation continues to chip away at the purchasing power of your hard-earned money. Putting your money to work not only helps you grow your wealth but also shields it from inflation’s long-term erosive effects.Buffett has also voiced concerns about future complexities, noting, “As the world gets more sophisticated, complicated and intertwined, more can go wrong.” He added that the company aims to be prepared to ...