So it’s tougher to forecast economic and political trends, and to model investment and business risk based on those expectations, at a time that seems more of a major upheaval than a momentary shift.

Warren Buffett is a gifted teacher who explains complex topics in a digestible format. This year he touched on Berkshire Hathaway’s massive cash hoard, among other items.

Warren Buffett sold massive portions of positions in Apple, Bank of America, and others in 2024. His purchases for the year totaled just $9.3 billion, but most have this one thing in common. Buffett faces constraints individual investors don't have,