Reported 9 months ago
Renowned investor Warren Buffett has significantly increased Berkshire Hathaway's holdings in short-term U.S. Treasury bonds by over $58 billion in the past year, with plans to add another $11 billion by the end of 2024. This move reflects Buffett's preference for maintaining liquidity and safety while seeking good long-term investment opportunities. By focusing on short-term government bonds, Buffett aims to secure both safety and yield, ensuring Berkshire's substantial cash reserves are well-managed and available for potential profitable ventures in the future.
Source: YAHOO