As investors await Warren Buffett’s annual letter, is Berkshire Hathaway hoarding cash out of fear—or waiting for an opportunity?
Berkshire has built a record $325 billion cash heap as a historically expensive stock market presents few obvious value buys.
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Why Is Warren Buffett Hoarding So Much Cash?
Warren Buffett is known for picking stocks. These days, he is increasingly picking cash.The mountain of cash and Treasury bills at the famed investor’s company, Berkshire Hathaway, rose above $300 ...