Bank of America advises to sell the first Fed Rate Cut and others are aggressively de-leveraging.

KL6808 : There were many occasions when Buffett proved he's right about his foresight.
This time he might be right again. His increase in cash holdings is likely led by
1 some of the assets he sold have exceeded their worth and he anticipated their prices are due for a correction
2 the coming recession is not a soft landing, will cause bigger correction and the asset prices will fall then. Buying them after the correction will enhance the returns in the longer term. This does not in conflict with he being a value and long term investor.