Authors
Steve HankeCaleb Hofmann
Outlet
Fortune Magazine
Type
Op-ed
Date published
March 5, 2025
Countries/regions
United States of America
Topic
Financial Markets
Permalink
Last edited time
Aug 7, 2026 3:31 AM
Human Verified
Permanent Done
Warren Buffett Acts Like the U.S. Stock Market Is in Bubble Territory. He Might Be Onto Something
Author: Steve H. Hanke and Caleb Hofmann
Outlet: Fortune
Date: March 5, 2025
Hanke and co-author Caleb Hofmann examine Warren Buffett's increasingly defensive posture as a signal that U.S. stocks may be overvalued. They note that Berkshire Hathaway's cash position as a share of assets hit a record 27% in the most recent quarter, with Buffett having offloaded large stock holdings, and argue this kind of behavior from one of the market's most successful long-term investors is a meaningful warning sign that U.S. equities are trading in bubble territory.
Full Citation:
"Warren Buffett acts like the U.S. stock market is in bubble territory. He might be onto something," Fortune, March 5, 2025. (with Caleb Hofmann)