by Moneywise
AOL
With a whopping $348 billion in cash on Berkshire Hathaway’s balance sheet, it’s easy to assume Warren Buffett has no worries at all.
But in a recent meeting with shareholders, the legendary investor admitted he’s worried about the eroding value of the U.S. dollar. What’s more, on May 3, Buffett announced he plans to retire as Berkshire Hathaway CEO by the end of 2025.
[…] “We wouldn’t want to be owning anything that we thought was in a currency that was really going to hell, and that’s the big thing we worry about with the United States currency,” he said.
Here’s why the Oracle of Omaha is anxious about the future of the greenback.