Warren Buffett

Sell-off and growing cash pile suggests Buffett may be souring on the U.S. economy or believes stock market valuations have gotten too high.

Renowned investor Charlie Munger was second-in-command at Berkshire Hathaway.

‘I feel good but fully realize I am playing in extra innings,’ Mr. Buffett, 93, told shareholders.

Sell-off and growing cash pile suggests Buffett may be souring on the U.S. economy or believes stock market valuations have gotten too high.

Renowned investor Charlie Munger was second-in-command at Berkshire Hathaway.

‘I feel good but fully realize I am playing in extra innings,’ Mr. Buffett, 93, told shareholders.