Sunday, May 01, 2005

Wastin' away again in cash-ville.

Warren Buffett has $45 billion in cash, and believes that there is little value in the market right now, but there should be a big opportunity in the next few years.

So what are you doing with your money?

Read more from Berkshire's annual meeting here, including that Buffett and Munger are worried about hedge funds and deficits, their speculations on the possibility of a real estate bubble, and their thoughts on the valuations of drug stocks.

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