Economics and Investing:

Cash is piling up faster than Warren Buffett can invest it. ^[2]  Most of the mainstream media analysts seem to see Buffet’s growing cash position as crafty planning for some major acquisitions ^[3].  But I suspect that he has actually become risk averse and is putting cash on the sidelines in anticipation of a major market correction. This correction would most likely be triggered by another global credit crisis that will dwarf the 2008 crisis. I predict that when Buffett again buys stocks substantially, it will be at or near the bottom.