Last year, as indexes soared, Warren Buffett sent a warning to investors -- not through words but through actions. The billionaire investor at the helm of Berkshire Hathaway was a net seller of stocks and built up a record cash position of $334 billion.

Berkshire Hathaway can be a great source of inspiration inspiration for individual investors. Warren Buffett, one of the most successful investors in American history, manages the vast majority of the company's $259 billion portfolio.

Warren Buffett, CEO of Berkshire Hathaway and the world’s most successful investor, is currently sitting on $334 billion in cash and history tells us he’s probably not gonna spend any of it on new stock positions unless the Federal Reserve jumps in and stabilizes the market.