Warren Buffett has not had a lot to say about anything recently…being very silent since the last Berkshire Hathaway (BRK) annual meeting. His more talkative partner, Charlie Munger, passed away last year. While known to be a democrat, Buffet has not expressed an opinion on Kamala. Others in his family have been vocal but he has been keeping his opinions to himself. As to the market, Buffett has said little as well but his actions speak louder than words. New high after new high in equity markets seen this year have been impressively bullish. While the trend has been running, Buffett has been more than reserved. Berkshire Hathaway has been walking, reducing exposure, and raising cash. Cash equivalents now represent reportedly 48% of the BRK portfolio. There is certainly something going on that has turned Warren cautious. He has always been a big picture guy so there is something on the horizon that must lead Warren to believe that better buying opportunities lie ahead and he is raising cash for when they come to be ready. They call it the Warren Buffett Indicator. The indicator is a gauge of the value of the stock market relative to US GDP….