he's made some odd moves recently. Japanese investments isn't turning out so well as expected ~18 months later.
Cash on hand is good, as float, but given the ~7 trillion printed and then floating to the "top" which is firms like Berkshire (see Microsoft as well) - they're just sitting on cash piles that need to be deducted from valuations.
I mean, Microsoft literally bought a whole Activision AND Blizzard in one transaction, with cash on hand and still having cash remaining.
Insane dilution of purchasing power in the US of A in the past 2 years alone.