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(17,722 posts)

2. The encouraging thing is that he has it 'parked in boring old government T-bills'

Sat Jun 13, 2026, 04:50 PM

Jun 13

guess that means he does not think the dollar will collapse and does not think the US government will default on its debt?

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Buffett Expects a COLLAPSE [View all] Uncle Joe Jun 13 OP

Of course there will be edhopper Jun 13 #1

I've just stuck with mostly credit union CDs. Crowman2009 Jun 13 #7

How about NCUA? BidenRocks Jun 13 #15

That's federally insured too EdmondDantes_ Jun 13 #20

Thanks for the heads-up highplainsdem, Uncle Joe Jun 13 #4

$300 billion Is Exactly DallasNE Jun 13 #16

Like tulip bulbs. No real value. multigraincracker Jun 13 #14

I should ask my well-off friend in Dallas what he thinks. DFW Jun 13 #5

Sounds reasonable. GoodRaisin Jun 13 #19

Says who? WhiskeyGrinder Jun 13 #6

Counterpoint Happy Hoosier Jun 13 #8

I posted this on another thread, but it may fit better here Bluetus Jun 13 #11

I don't think that's what Buffet is saying. Bluetus Jun 13 #17

That was an interesting dynamic (referring to his successor) Bluetus Jun 13 #21

He was sitting on record cash.....in 2023 Melon Jun 14 #23