Yeah. This is why BRK is in cash equivalents rather than being short.

Buffett has said a number of times that he never is intentionally sitting on the sidelines as a bet that things will go down. He’s simply there because he can’t find value. He’s also said that if he was dealing with millions rather than billions, he could probably find loads of value.

My guess is that is still true today, so the rest of us can probably find deals even in this market.