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Maybe Warren Buffett is warning us about something

“If you can’t say something nice, don’t say anything at all” is advice Warren Buffett seems to be applying to the stock market.

The Oracle of Omaha isn’t known for holding back his opinions, but he’s been mum on the question of whether U.S. equities are too expensive at a time when the global economy and corporate profits are slowing, notes Nir Kaissar. Then again, Buffett doesn’t have to say much, when his money can do all the talking. The vast cash hoard of his company, Berkshire Hathaway Inc., has been vaster only once before — just before the worst financial crisis since the Great Depression.