Warren Buffett was interviewed on Fox Business and asked about Berkshire Hathaway’s current cash position of about $100 billion. He responded:
(1) “There will be periods when stocks go down a lot and we will be buying.”
(2) He also mentioned that there are one million shareholders of Berkshire Hathaway.
(3) Warren Buffett also predicted that there would likely be a tax cut in 2017.