Reported 2 months ago
Warren Buffett's Berkshire Hathaway generates approximately $14 billion annually from its substantial cash reserves and short-term Treasury bills. As of mid-2024, Berkshire holds about $277 billion in cash and short-term investments, yielding roughly 5%. Despite the impressive income, Buffett remains cautious about making new acquisitions, citing high business valuations and the financial flexibility provided by this cash stockpile.
Source: YAHOO