In Warren Buffett's latest annual letter to shareholders, he offered one of the more direct (and chilling) assessments of how he views stocks on Wall Street. Put bluntly, the Oracle of Omaha noted, "often, nothing looks compelling."

Warren Buffett says tariffs are “an act of war, to some degree.” Berkshire Hathaway’s chairman and chief executive said the country has had a lot of experience with tariffs, and that over time they are a tax on goods.

When Warren Buffett’s Berkshire Hathaway’s makes a major move, pay close attention. Most times, his moves serve as a key barometer of the direction of the overall market. For example, in 2024, Berkshire sold $134 billion worth of stock.