Just now! 95-year-old investing legend Warren Buffett's latest interview: Holding $350 billion in cash, what is he still waiting for?

Full text summary as follows:
Market and Investment
1. The current market volatility is nothing special; prices are not cheap enough to warrant buying.
2. Be prepared to face any uncertainty at any time; no one truly knows how the market will move. If they did, they wouldn’t openly say so.
3. Investing is not about buying stocks but about buying businesses. The intention is to hold for decades.
4. Apple is an extremely powerful consumer business; consumers are highly dependent on it. If the price is low enough, there will still be large-scale buying.
AI and Technology
6. I won’t participate in fields I don’t understand. I won’t follow the trend just because it’s hot.
Finance and Risks
7. The Federal Reserve faces immense pressure and bears heavy responsibility. The Fed can print money, but risks come with it.
8. The system appears stable, but it’s fundamentally fragile. A problem in one area can quickly spread. Once it starts to collapse, the speed will be very fast.
9. Cash is the core weapon to deal with crises. Only during a major downturn will I heavily deploy my holdings.
Human Nature and Markets
10. Humans are naturally fond of gambling. The stock market is both a church and a casino. Most people cannot hold long-term, and the government shouldn’t profit from human weaknesses.
World and Future
11. Middle East situation: I don’t know and won’t predict.
12. Nuclear risk: Something will definitely happen at some point. I don’t know the future, but I must be prepared.
13. The U.S. remains a miracle of the world. Capitalism is effective, but it still needs constant adjustment.
14. Political divisions in the U.S. are becoming more severe.
#巴菲特 # Investment #ValueInvesting
The full 70-minute video with Chinese and English subtitles is below.