Warren Buffett recently called the current stock market sell-off “nothing “ compared with previous crashes he has navigated. He also noted that markets are now only about 5% to 6% cheaper the recent highs. He has decided to sit tight on Berkshire Hathaway’s $373 billion pile of cash and Treasury bills. In fact, Berkshire Hathaway has just bought another $17 billion in T-bills at auction. He advised that he will only buy “if there is a big decline.” I would like to be as patient as Buffett, waiting for prices low enough to justify long-term investing. With the uncertainties brought by the Iran and apparent inflation, stock market will undoubtedly be beaten going ahead. Thanks @Tiger_comments @TigerStars @Tiger_SG @icycrystal @1PC @Shyon