Warren Buffett Prioritizes Capital Preservation Over Risky Investments

Warren Buffett has reiterated that making a permanent loss of capital is his greatest investment fear — more so than holding large cash reserves. Berkshire Hathaway currently sits on a record cash pile, signaling Buffett sees few attractive opportunities at current valuations. While not a direct Forex catalyst, Buffett's defensive stance reflects broader risk-off sentiment that typically pressures risk-sensitive currencies like AUD and NZD, while supporting safe-haven flows into USD, JPY, and CHF pairs.