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Warren Buffett's Company is Hoarding $157 Billion: Is This a Sign of Things To Come? · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: Before we bring on our guess, let's talk about this quickly.
• 1:03
  Speaker 3: Warren Buffett Berkshire half away as a record breaking stockpile
• 1:09
  Speaker 3: cash pile of one hundred and fifty seven billion dollars
• 1:13
  Speaker 3: tremendous amount of money they've They've sold off for a
• 1:15
  Speaker 3: lot of their positions in stock, and they are hoarding
• 1:20
  Speaker 3: cash right now. So what does this mean? Does this
• 1:25
  Speaker 3: signal something in the economy or is this this regular protocol?
• 1:30
  Speaker 3: Should people you know take note of this?
• 1:33
  Speaker 2: Yes?
• 1:34
  Speaker 4: Absolutely, I love this post that you made. Number one.
• 1:36
  Speaker 4: When you see a famed investor in a person as
• 1:39
  Speaker 4: wealthy as Warren have that much cash in their company,
• 1:43
  Speaker 4: it is a sign that there are not many assets
• 1:45
  Speaker 4: that are investable at this time. Commercial real estate bubbles
• 1:49
  Speaker 4: about the pop. San Francisco has a huge issue that
• 1:52
  Speaker 4: needs to be fixed. And I don't know if San
• 1:54
  Speaker 4: Francisco needs to declare bankruptcy, but the value of those
• 1:57
  Speaker 4: buildings are not worth what everyone says they are, and
• 2:00
  Speaker 4: they have a huge homeless issue. And also when the
• 2:04
  Speaker 4: bubble dust pop, you need money to deploy. Like things
• 2:08
  Speaker 4: really happen in a seven to ten year cycle. I
• 2:11
  Speaker 4: know because we do the show weekly something and we
• 2:13
  Speaker 4: hear the new cycle. People get so concerned about missing
• 2:15
  Speaker 4: an opportunity. You have to catch the macro opportunity, not
• 2:20
  Speaker 4: the micro. So if I bought a billion for building
• 2:24
  Speaker 4: for seven billion dollars and it's only worth three.
• 2:27
  Speaker 2: I either have to give the keys back or go to.
• 2:29
  Speaker 4: The bank to restructure. That's all of San Fran Shout
• 2:33
  Speaker 4: out table. I was talking to this earlier. Everybody in
• 2:35
  Speaker 4: New Jersey, in New York is running to Indiana and
• 2:38
  Speaker 4: Chicago and Pennsylvania and Florida. Y'are driving the prices up
• 2:41
  Speaker 4: everything right, at some point if we don't do a
• 2:44
  Speaker 4: massive debt restructure, and we're going to have a collapse.
• 2:47
  Speaker 4: And when that collapse happens, you're going to see Warren
• 2:50
  Speaker 4: and Charlie aggressively goal shop. They gonna do like Michael Jackson,
• 2:53
  Speaker 4: I want this one. I want this one. He's gonna
• 2:55
  Speaker 4: pick every asset class to buy in at the right price.
• 2:58
  Speaker 4: And this is why I always say, when you're just
• 3:01
  Speaker 4: buying at any price because of a hype cycle, see
• 3:04
  Speaker 4: what drunken Miller is doing. Part Truder, Jones, Waren, Buffett, Blackrock.
• 3:08
  Speaker 4: They run the world right at State Street. If they're
• 3:12
  Speaker 4: not buying aggressively, it's not the time to buy, so
• 3:14
  Speaker 4: he is.
• 3:16
  Speaker 5: This episode is brought to you by P and C Bank.
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• 5:06
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 5:10
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 5:14
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 5:18
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 5:22
  Speaker 1: some of the heinous migrant criminals caught because of President
• 5:26
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 5:29
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 5:34
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 5:38
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 5:41
  Speaker 1: are here illegally, your next you will be fined nearly
• 5:45
  Speaker 1: one thousand dollars a day, imprisoned and deported, you will
• 5:49
  Speaker 1: never return. But if you register using our CBP home
• 5:53
  Speaker 1: app and leave now, you could be allowed to return legally.
• 5:57
  Speaker 1: Do what's right. Leave now? Is it in Trump America's laws,
• 6:02
  Speaker 1: border and families will be protected.
• 6:04
  Speaker 2: Sponsored by the United States de Market of Homeland Security.
• 6:06
  Speaker 4: It's getting his war chests ready for one of these
• 6:08
  Speaker 4: amazing opportunities come and I'm doing the same thing, and
• 6:11
  Speaker 4: I cannot wait.
• 6:13
  Speaker 3: Yeah, for sure, always prepare for a rainy day because
• 6:16
  Speaker 3: it's always going to rain, that's absolutely, But you can
• 6:21
  Speaker 3: reap the harvest of it if you have seeds that
• 6:23
  Speaker 3: you can plan into the ground. But if you're not prepared,
• 6:25
  Speaker 3: then you're just going to get, you know, drenched. So
• 6:29
  Speaker 3: I think it's important to definitely take heat when you
• 6:31
  Speaker 3: see people like that starting to just hoard cash. It's
• 6:35
  Speaker 3: not done for It's done.
• 6:38
  Speaker 2: For a reason.
• 6:38
  Speaker 3: It's not just done out of accidents. It's actually, you know,
• 6:41
  Speaker 3: a strategic plan that's put in place, so.
• 6:43
  Speaker 5: And you know, I would also add, especially for like
• 6:46
  Speaker 5: Warren Buffett, look at the travel tendencies. Where are they traveling,
• 6:50
  Speaker 5: what parts of the world. Are they going to? What
• 6:52
  Speaker 5: are the thriving economies inside those places that they travel?
• 6:55
  Speaker 5: We saw I'm going to China. He talked about Taiwan
• 6:57
  Speaker 5: when he was there, he talked about Semis. They have
• 7:00
  Speaker 5: a horde of cash. Where is the next place that
• 7:02
  Speaker 5: they're looking for? Look at where they're traveling, Look at
• 7:04
  Speaker 5: what the geopolitical climate is there. Look what the industries
• 7:07
  Speaker 5: that dominating those areas are. Because He's always looking for
• 7:10
  Speaker 5: the next thing throughout the world.
• 7:11
  Speaker 4: And since I'm in a classic room, at some point
• 7:14
  Speaker 4: we got to talk about me getting an award for
• 7:16
  Speaker 4: coming up with the two tech two index. And I
• 7:19
  Speaker 4: put you all onto this before Buffett got in it.
• 7:21
  Speaker 4: Fifty one percent of its portfolio is an Apple. Apple
• 7:25
  Speaker 4: is the accelerator safety marker. And I'll performing bonds by
• 7:29
  Speaker 4: rashod if we sat here in twenty twenty and I'm like, listen,
• 7:32
  Speaker 4: Apple's going to replace the Bob market. Like you and
• 7:34
  Speaker 4: the director.
• 7:35
  Speaker 2: Get out of here, and here we are in the chair.
• 7:40
  Speaker 4: Here we are. Oh my god, I never thought I
• 7:42
  Speaker 4: would see today. But when you and I was talking
• 7:46
  Speaker 4: to stock Club about this, the best empires are built
• 7:50
  Speaker 4: when you are able to over deliver or result while
• 7:54
  Speaker 4: everyone's promising huge returns and if you miss those marks,
• 7:57
  Speaker 4: Apple's been a beacon of safety for twelve or thirteen years. Now,
• 8:02
  Speaker 4: invest in the companies and opportunities that will provide you safety.
• 8:06
  Speaker 4: No one's going to get you five seven hundred percent
• 8:09
  Speaker 4: just because. So if I made you money, please put
• 8:14
  Speaker 4: yes in check, because there's not a lot of people
• 8:15
  Speaker 4: I'm making people money out here, and I'm going to
• 8:17
  Speaker 4: be clear on that.
• 8:19
  Speaker 3: Okay, let's be clear on that.
• 8:21
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 8:25
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 8:29
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 8:33
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 8:37
  Speaker 1: some of the heinous migrant criminals caught because of President
• 8:41
  Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 8:44
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 8:49
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 8:53
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 8:56
  Speaker 1: were here illegally, your next you will be fine nearly
• 9:00
  Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
• 9:04
  Speaker 1: never return. But if you register using our CBP home
• 9:08
  Speaker 1: app and leave now, you could be allowed to return legally.
• 9:12
  Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
• 9:16
  Speaker 1: border and families will be protected.
• 9:19
  Speaker 2: Sponsored by the United States Department of Homeland Security,