Warren Buffet says he is selling bonds and buying stocks. That's good. I already own a bunch of stocks, they're just worth a lot less than they used to be. DUH!
He expects to soon hold no cash or bonds. He says cash and cash equivalents will ultimately only decrease in value. I wish I had some cash to divest myself of. DUH!
I'm sure his advice is sage but fail to see how I may, at this point, profit by it. Somehow, I don't feel Warren really expects the majority of people are going to be able to profit from his advice. Is this some kind of sly "Richest Man in the World" humor?
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