According to @KobeissiLetter, Warren Buffett’s cash pile is now larger than the market cap of all but 30 public companies worldwide, underscoring how much liquidity Berkshire controls relative to global equities breadth. Source: The Kobeissi Letter on X, Nov 1, 2025. For traders, this outsized cash position is a macro risk-sentiment indicator to track; monitor Berkshire’s upcoming 13F and quarterly disclosures for any large deployments that could move mega-cap indices and spill over into BTC and ETH volatility. Source: The Kobeissi Letter on X, Nov 1, 2025. Headline risk around any Berkshire-scale M&A or buyback announcements can act as catalysts for equity benchmarks and correlated crypto risk assets, so watch for sudden shifts in positioning and liquidity. Source: The Kobeissi Letter on X, Nov 1, 2025.