by Calculated Risk on 1/24/2005 04:29:00 PM

In Friday's Boston Herald, "Billionaire Buffett has a bear-y bad feeling" reports that Warren Buffett is very worried. A few quotes:

``We are force-feeding dollars on the rest of the world at the rate of close to a couple billion dollars a day,'' he said in an interview on cable channel CNBC. ``That's going to weigh on the dollar . . . unless we have a major change in trade policies, I don't see how the dollar avoids going down.''

But, he added, ``I don't know if it's going to be this month, next month or next year.''
...

He doesn't like the stock market: ``I'm having a hard time finding things to buy,'' he said. He doesn't like commodities, such as steel, copper or coffee: ``We haven't been buying commodities.'' And he doesn't like bonds: ``I think you're going to see more inflation,'' he said.

Buffett is now sitting on $43 Billion in cash, an incredible amount considering (BRK-A:) Berkshire Hathaway's market cap is $138 Billion. To put that in prospective, MicroSoft's special dividend was considered amazing and that was $32 Billion.