Buffet’s been saying that for years
It is better to go long now in BRK than to have cash.
https://www.marketwatch.com/story/buffetts-formula-is-still-working-if-you-know-where-to-look-2019-05-22
https://finance.yahoo.com/quote/brk-b
due to this https://www.nasdaq.com/articles/jp-morgan-says-recession-coming-as-us-consumers-falter-2019-10-11