Yeah, I read it too.
At least you have to hand credit to the clickbait title writers, they sucked us in.

Is there any merit to it? I agree insofar as I don't expect much return from Berkshire's stock price in the next year, maybe two, and I expect the rate of observable value growth to slow. But I don't see any big obvious alternatives at the moment. I have a cash pile ready to deploy if something comes up.

On the other hand...
I try hard never to read too much into Mr Buffett's moves as that way likes madness. But I have to say, the buybacks at around $403-$405 seem to be a more bullish signal than I would normally expect. Presumably he knows the value of a share much better than I do, and he sees value at those levels sufficient to give a satisfactory return with (presumably) some modest margin of safety. The simplest explanation is that I'm missing something. I've rarely seen him put money into anything that wasn't going to be having a 10%/year pretax yield on purchase price within 2-3 years.

Jim