Reported 14 days ago
In Q3, Warren Buffett has notably minimized his stock purchases, raising Berkshire Hathaway's cash reserves to a historic $325 billion while slightly increasing its stake in the lesser-known aerospace component supplier, Heico. Although Heico has shown impressive growth and profitability over time, its current high price-to-earnings ratio suggests it may not be the best buy at the moment. Investors are encouraged to stay cautious and consider awaiting more favorable pricing opportunities as Buffett seems selective in his investment choices.
Source: YAHOO