Hello fellow rebel capitals hope you're well so I just saw an article on

cn't be talking about Warren Buffett he just had his big annual meeting and he is

as bearish as he has ever been and this is not coming from George Kamen.

This is coming from a gentleman that knows him well and it seems like he's been a large investor in Berkshire Hathway for many, many years.

So let's go right over to this clip from CNBC talking about, you know, what from bearish as he has ever been.

And then I'm gonna go over some charts

and then we can connect some dots

to determine why he is so bearish.

Again, this isn't George Gamin talking.

This is Warren Buffett, for heaven's sake. So let's get right

over to see and check this out. Here we go. This is the gentleman, Bill Sneed.

And he has absolutely no interest in offending people.

But if you look at what he's doing,

he is as bearish as he ever gets.

I read right between the lines lines right from the beginning at the

meeting on Saturday. I was there sitting in the audience and I thought okay huge

cash position trimmed his apple position. He's nibbling on something below the surface they haven't announced yet.

But basically, he is waiting until the next 40% decline in the stock market to apply massive amounts of

capital at bargain prices in things that are large enough to be meaningful to this company

at the size it is now.

Josh, that reminds me of someone else we know

that's holding a big cash position right now,

...