Buffett wisdom & Berkshire signal
Threads are recycling Buffett lessons — temperament beats smarts, and he famously held American Express through an 83% drop to turn it into a multi‑bagger — a reminder about patience and conviction in value investing ( ). Separately, commentary flagged that Berkshire’s moves under its CEO shift are signaling growing caution about the economy entering a downtrend (x.com).
Buffett’s “temperament over intellect” line comes from a national TV interview he gave in 1985 that has been resurfacing on social platforms this year and reigniting clips of his long‑held rules for patient investing. (livemint.com) The episode that often gets cited for his patience was the 1963 “Salad Oil” fraud that forced American Express to absorb roughly $180 million in losses and sent AmEx shares from about $60 to roughly $35, after which Buffett’s 1964 contrarian purchases produced steep gains over the following years. (en.wikipedia.org) (benzinga.com) Company actions under Berkshire’s leadership have been notably cautious: the firm finished 2025 with about $373.3 billion in cash and, in Q4 2025, was a net seller of equities as it trimmed positions, according to Berkshire’s filings and earnings coverage. (morningstar.com) (cnbc.com) Public filings show the house‑cleaning included reductions in large stakes such as Apple and Bank of America while American Express remained a top holding (Apple ~ $62.4B, American Express ~ $49.1B as reported in recent trackers). (marketwise.com) After the net‑selling quarter, Berkshire restarted share repurchases on March 4, 2026 — its first buybacks since May 2024 — with an initial SEC‑disclosed purchase equivalent to 309 Class A shares, roughly $226 million. (cnbc.com) (reuters.com) New CEO Greg Abel used an 18‑page shareholder letter to promise continuity, capital discipline and to explain the cautious posture, and he publicly pledged to buy Berkshire stock with his own pay as a signal of conviction. (fool.com) (bloomberg.com)
