Investors in equities should heed the actions of some the great long term equity players like Buffett and Baupost's Seth Klarman

Investors in equities should heed the actions of some the great long term equity players like Buffett and Baupost's Seth Klarman. Buffett's Berkshire is currently sitting on $50bn of cash, the largest cash holding he's ever had. Klarman's fund was sitting on 40% cash at the end of 2013 and he returned a whopping $4.0bn of cash to his investors. You can probably tell from the above text that we are not bullish at the moment. There are more signs each day that we are heading toward a market top. We should clarify that we love equities long term and enjoy picking up and investing in great businesses run by highly capable people. We don't like overpaying for this privilege however, and increasingly the jewels are not lying around in the rough where we like to find them. Read the full article: (VIEW LINK)


Established in 1961, Schroders in Australia is a wholly owned subsidiary of UK-listed Schroders plc. Based in Sydney, the business manages assets for institutional and wholesale clients across Australian equities, fixed income and multi-asset and...

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