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Yes, agreed. Article in the FT today about asset managers increasing their cash holdings.
However in the detail it provides that net cash held by the basket of fund managers surveyed increased from 5% to 5.3% of their overall portfolios.
Same with Buffet, Berkshire has a huge cash pile and they have sold out of some companies (pharma mainly, I think I read?) but they still have a much larger amount remaining invested.
So it's a bit of a different strategy to sell everything and buy back in later.
ChasnotRobert
wildwest
I've been reading alot stuff about valuations and inflation aswell other various potential signs.
Some very well known grand names who have historically good investing track records (buffet et al) all seem to agree.
Even so still very difficult move to pull off. Timing the market had always been a notoriously difficult task.