Warren Buffett seems fairly fearless in both his writings and media appearances, pretty much no matter what’s going on. I suppose a cash hoard of between $20 and $40 billion at all times is a pretty good cushion.
But I was very interested to come across this post by Samuel Lee at Morningstar that reveals the thing he worries most about, and its highly logical when you think about it…
“We’re going to have something in the way of a major nuclear event in this country. It will happen. Whether it will happen in 10 years or 10 minutes, or 50 years … it’s virtually a certainty.”
Head over to read more: