Investors are awaiting Berkshire Hathaway Chairman Warren Buffett’s annual investor letter, in which he typically expounds on Berkshire’s performance along with anecdotes and vignettes about investing and life.

Investors are poised to study the Berkshire Hathaway chairman’s annual letter for insights about the stock market.

Warren Buffett is hoarding cash, and investors want to know why. Berkshire Hathaway’s cash reserves have surged past record levels, signaling a cautious yet strategic move. Buffett’s decision to reduce Apple holdings and hold over $300 billion in cash suggests he is waiting for better investment opportunities.

While Warren Buffett has been building cash reserves, the rest of the market has taken their cash holdings to the lowest level in 15 years.