Reported 1 day ago
Warren Buffett reassured investors about Berkshire Hathaway’s substantial cash reserve, which has surged to $334.2 billion, emphasizing that the majority of their funds will continue to be invested in equity, predominantly in American firms. Despite a decline in marketable securities, Buffett indicated plans to increase stakes in Japanese companies and praised their management practices. He also reported a significant increase in operating earnings, while addressing the rising costs of natural disasters like wildfires.
Source: YAHOO