So, like, Warren Buffett, the big shot investor guy, is sounding the alarm bells about the U.S. dollar, which is not something he does every day. At some fancy meeting for Berkshire Hathaway shareholders, this 94-year-old legend warned that the good ol’ American currency could be in big trouble because of the government’s bad spending habits. And let me tell you, he did not hold back in calling out Washington’s fiscal policies, which he said were “alarming.”
Buffett basically said, “Hey, we ain’t gonna invest in a currency that’s going down the drain,” and he’s got a point. When governments start acting all crazy with money, the value of that money can get pretty scary. And you know what’s really freaking him out? It’s the fact that the government seems to be purposely trying to weaken the dollar instead of protecting it. So, like, that’s not cool.
Even though the dollar is still the big cheese on the global market, Buffett is like, “I’m outta here,” and he’s looking at the Japanese yen for some financial lovin’. Berkshire Hathaway, the company he runs, is getting rid of stocks left and right, selling a whopping $134 billion in 2024 alone. That’s a lot of dough! And they’re cutting back on their shares of Apple and Bank of America, too. Now they’ve got a record-high $347 billion just chilling in the bank, waiting for the economy to go haywire.
But wait, there’s more! At this meeting, Buffett was all fired up about trade policies and tariffs. He called them a “big mistake” and even said they were like an “act of war.” Yikes! But the real shocker came when he admitted that he’s losing faith in the very currency that drives the global markets. It’s like he’s saying, “Why mess with a good thing, America?”
So, not really sure why this matters, but Business Today is just trying to give you the heads up that the U.S. dollar might be in for a rough ride. And hey, maybe it’s just me, but I feel like Warren Buffett knows a thing or two about money, right? So maybe we should pay attention to what he’s saying, especially since he’s the “Oracle of Omaha” and all.
Disclaimer: Just so you know, Business Today is all about that stock market news, but don’t go thinking we’re giving you investment advice or anything. You should really chat with a money expert before you start throwing your cash around, okay? And this article was published on May 3, 2025, at 9:11 PM IST, in case you were wondering.
Alright, folks, that’s the scoop on Warren Buffett’s latest money musings. Keep an eye on those dollars, and maybe stash some yen under your mattress, just in case. And remember, be smart with your money because you never know when things might get a little crazy out there.