Warren Buffett hasn’t really hidden the fact that he’s not a big fan of the current market environment.

He’s said that investing in U.S. stocks at current valuation levels is like “playing with fire.” He said that the recent pullback in the S&P 500 (SNPINDEX: ^GSPC) earlier this year was “nothing” and not even close to the level that would have motivated him to put Berkshire Hathaway‘s cash to use.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »

At the 2026 Berkshire…