Reported about 1 month ago
Berkshire Hathaway, led by Warren Buffett, has become the first U.S. company outside of the tech sector to surpass a $1 trillion market value. Shareholder Eric Lynch notes this milestone reflects the firm's strengths in adapting to high interest rates through its diversified portfolio and operating capacities, making it more resistant to economic shifts compared to traditional banks. Lynch highlights Buffett's investment strategies and substantial cash reserves as key advantages for leveraging future market opportunities.
Source: YAHOO