Buffett's position and allocation logic are key areas worth studying 🧐！ Stock position: $298.7 billion USD 💸 Cash and cash equivalents: $325.2 billion USD 💸 Position ratio: 47.8% The main stock positions are: cash cows+high dividends Cash equivalents: short-term US Treasury bonds Analyzed mainstream funds exceeding $50 billion, with a basic position ratio in the range of 55 to 46! This is basically the position we suggested to our small group of partners in the early days! 🫡