Reported 5 days ago
Berkshire Hathaway's stock has risen over 15% year-to-date, driven by its substantial cash position of $334 billion, positioning it as an investment powerhouse led by Warren Buffett. However, despite its appeal as a safe haven during market fluctuations, analysts urge caution; Buffett has halted stock buybacks and the company's stock currently trades at a price-to-book value above what he typically considers a good buy, suggesting it may be better as a hold than a new investment.
Source: YAHOO