Has Warren Buffett Lost his Marbles?

Has Warren Buffett lost it? Has he lost his sharp investing edge? Warren Buffett is an investing legend. I've learned so much from him, but there's two things he said recently which has got me to question, I guess, blindly following Warren Buffett's advice. And I'm going to share those two things with you in this quick video. Now, um, this isn't a calling out or shaming of Warren Buffett. In fact, it's the opposite. I think that we should always be critical in that we should challenge anything we decide to do. We should challenge any mentors or any advice, even challenge our own thinking. And you know, it's easy to look at people like Warren Buffett and Elon Musk and just think that you know, these people, you know, they are the oracles and the gurus, the visionaries, and blindly follow their advice. So I've learned so much from Warren Buffett about value investing, long-term thinking, and compounding, and a pragmatic, almost stoic approach to business and life. And I think the guy's a legend, and I hope he lives till he's 150. But, but there's two things he said recently which I am questioning, and I think it's good to question. So the first thing he said is Warren Buffett said that if you offered me all the Bitcoin for $25, I wouldn't buy it. And that's just a silly statement. Even if you don't really invest in Bitcoin, even if you don't really believe in it, That's like saying, Rob, I'll, um, sell you all the Lamborghinis that exist for $10. And I'm like, nah, don't believe in Lambos, they always go wrong, always break down, you know, electric cars are coming, Lambos will be dead. So I thought that was a bit of a mad statement. Now there is context to it, it's, you know, it doesn't invest in what he doesn't believe in, I get that. But at the end of the day, every asset is a deal at a certain price. If I could get a Rolex steel Daytona for $12,000, I'd buy it. Fact. There's certain properties I know in my city that if I could get them at a price, I'd buy them. Any asset— if you could get the Mona Lisa for $25, would you buy it? Ah, but you don't normally invest in art. You don't believe in art long term. But you got offered the Mona Lisa for $25, would you buy it or not? Of course you fucking would. So Warren Buffett said that he wouldn't buy all the Bitcoin for $25. Well, why wouldn't you just buy it for $25 and then sell it for $25 billion, make a quick bit of cash? So I get that he doesn't invest in things he doesn't believe in, and I get he doesn't really trust crypto, and I get that he thinks it's going to go to zero, but that was still a silly thing to say because every asset has a price. So anyway, I just thought it was a bit of a silly thing to say, but it was funny, but it was silly. Now here's the interesting thing. He said, he said he'd buy 1% of all of the real estate in the world for $20, $30 billion. He said he'd buy all— 1% of all the stocks in the world for $20, $30 billion. So that was the first thing I thought that Warren Buffett said that made me think, yeah, uh, not sure about that. I just think he's wrong about that. And, you know, look, he's made more money than me, uh, but he can still be wrong. And now the next thing he's done— this is the second thing that's kind of interesting— is Warren Buffett is holding $144 billion in cash instead of buying more stock. And this— wow. Like, I think at the moment cash is trash. I think at the moment inflation is more than 10%. I think that the government are printing themselves out of debt by, you know, more and more quantitative easing and essentially debasing the currency. I know Warren Buffett doesn't really trust governments, so if he doesn't really trust governments, how is he holding $144 billion in cash? That to me seems madness. Madness to hold that much money in cash. Now let me know what you think, by the way, in the comments. I'm going to tell you why. Context is important. So Warren Buffett says he likes to sleep at night, and he says you need— if you sleep at night by having cash, cash so that, um, you know, you can fight, you can be financially impregnable. He says you're not dependent on the kindness of strangers or friends, and of course you're insured and you've got an emergency fund. So I do think it's wise to hold some cash, but $144 billion I reckon in reality inflation is 15%. In reality, it could be more. So let's say it's 15%. What do you think inflation really is, by the way? So 15% of $144 billion is $22 billion. So by holding cash for a year, Warren Buffett's gonna lose $22 billion. So I get insurance, I get safety, I get sleeping at night, I get emergency funds, but $144 billion in cash right now I think it's the cra— I think it's crazy, crazy. Personally, my thoughts. So they're the two things I wanted to share with you. Wondering if Warren Buffett has sort of lost his edge. Maybe Warren Buffett knows something I don't know. So let me ask you this: would you buy all the Bitcoin in the world for $25? Because Warren Buffett wouldn't. I freaking would, and then I'd flip it for $25 billion. And would you hold $144 billion in cash? Now, of course, we all want to sleep soundly. Um, but surely there's a better leverage of money than cash right now with it going down 15-20%. Do you know your cost of living is the worst it's been since the Second World War? Do you know you're 20-25% worse off than pre-lockdown? So I think holding cash is dangerous. I think you should invest in assets. Now, why doesn't Warren Buffett learn about another asset class? Maybe he thinks he's too old. Maybe he doesn't want to. I don't know. I'd love to talk to Warren Buffett about this, by the way, so maybe I'll try and get him on my podcast. Who knows? Matt, you know, he is late 80s, I think, and the guy is a legend. But I think I don't agree with those two things. Um, but of course you've got to have good alternatives. And, um, you know, maybe, maybe because he's made $100 billion or worth, what, $100 billion, whatever it is, maybe he doesn't need to make more money. Who knows? But let me know what you think about that. Um, would you hold $144 billion in cash right now? And would you reject buying all the Bitcoin in the world for $25? You see, I think that the only way out of this cost of living crisis is to invest. I don't think you can save your way out of this. I think cash is going down in value. I think cash is trash. A lot of people are teaching you to save. I think that's actually— it's good to have some spare money, don't get me wrong, for a rainy day, an emergency. Yes, it is. 3 months living at least. But other than that, you don't want any cash. Cash needs to be invested into assets because only assets and income are going to save you. Now, by the way, you're not going to get any income off cash because inflation is more than 10% and interest is 1%. So you're not going to get any income from cash. You're only going to get income from assets. So if you want to learn how to invest and learn how to build assets and learn how to build recurring income streams and multiple streams of recurring residual and relentless income, come and join my Rob.team platform. It's only the cost of a large coffee a month and you can cancel anytime. It's my private exclusive members area. I've got 5,000, all approaching 5,000, start and scale up entrepreneurs who want to be investors, who want to create recurring income, build that side hustle, start and scale that business, protect themselves from government and inflation. So here's what you need to do, and you need to do it now. Open up a new page and type in rob.team. Open up a new page, do it right now. Don't wait. People often say, I'm going to do it later, I'm going to do it tomorrow, I'm going to check out now. That means never. Start now, get perfect later. So open a new page now and type in rob Rob Moore, dot T-E-A-M, as in team, football team. When you join right now, it's quick and easy and cancel anytime. It's just the cost of a large coffee. You already spent more than that this morning. And you can learn how to start a business, scale a business. You've got my 9-module, 10-hour How to Invest series, interviewing one of the top UK entrepreneur investors. You can learn to invest even if you haven't got any capital by being resourceful. Because you can invest in your personal brand, in social media, in getting a sponsor, in launching a membership site. And all of these cost no money. They're sweat equity. Sweat beats regret. So if you go and join right now by opening a new page and type in rob.team— rob.team— um, I've also got 21 Ways to Monetize Social Media. I did a 6-hour masterclass on that. You can go and get— I can see people going, by the way. I can see by the numbers. So follow them. Go to rob.team and learn how to be a social media content creator influencer making money from Facebook and Instagram and Clubhouse and your content into cash flow, your information into income. Build your membership site. That's right, that's the link. It's rob.team. Go and join right now. Um, I'll see you there. Uh, and yeah, someone has said, is Warren Buffett preparing for a recession? I think he is. And you want to be liquid in a recession, but being liquid and having cash is not the same thing. Liquid is access to cash, but having $144 billion in cash— I'd love to know what form that cash is in, love to know where he keeps it. Um, but yeah, be liquid for the next recession. I think it's coming, and I think you can buy assets cheap. That's why you should join rob.team, because the 9-hour, 10— the 9-module, 10-hour series on how to invest can teach you how to you know, make cash in a crash and leverage a recession and buy assets cheap and turn cash into assets into income, or even no cash into resourcefulness into income. So I'll see you in Rob.team. Go and join right now. Just open a page, type in R-O-B dot T-E-A-M. And I also launched a brand new article called the 7 different income streams. Do you know the 7 different types of income? Most people don't. You got to learn them to earn them. You got to learn, earn, and invest. So if you'd love to learn what the 7 different types of income streams are and how to build them, go and join rob.team. So finally, let me ask you, has Warren Buffett lost his edge? Because a couple of the things he said recently, like he wouldn't buy all of the Bitcoin in the world for $25 and he's holding $144 billion in cash, they surprised me greatly. Let me know what you think in the comments. Hit the share button. And remember, if you don't risk anything, you risk everything.