redsturgeon wrote:My understanding is that has more cash than usual at the moment which suggests that he might think stocks will become cheaper.
I think WB is more forthcoming about what he has sold than what he plans on doing with his money. A time like this is perfect for his strategy. You may recall in the darkest days of 2008 he made some very profitable preference share deals with Goldman Sachs and GE when they were both on their knees. There are surely opportunities like that now - even beleaguered Carnival Cruiselines managed to get bond financing recently: with a 12% coupon and over-collateralised, it was a nice earner for some deep pockets, although not WB in that case.
Another idea is DJIA constituent Walgreens Boots Alliance. It is the kind of stodgy domestic-focused business he likes, and it has expressed an interest in going private in a deal. Not many could afford the $40 billion or so that would take, but WB could do it.