Subject: Re: Cash on the sidelines?
Interestingly, the $4.71 Trillion of institutional cash includes Berkshire Hathaway’s $0.4 Trillion cash...

Not to belittle the importance of what you've written, but it struck me as funny: precisely while I was reading your post, Spotify decided to play for me "Everything Counts In Large Amounts" by Depeche Mode.

Unfairly abridged:

The handshake seals the contract
From the contract, there's no turning back
The turning point of a career
...
It's a competitive world
Everything counts in large amounts
Everything counts in large amounts
Everything counts in large amounts
...
The graph on the wall
Tells the story of it all
...

Jim