Reported 10 days ago
Warren Buffett has amassed over $300 billion in cash for Berkshire Hathaway, the highest in its history, by selling stocks and halting buybacks amid a shortage of attractive investment opportunities. This massive cash reserve, making up at least 27% of the company's assets, raises speculation about Buffett's plans, possibly indicating preparation for economic challenges, a transition of leadership, or simply a lack of bargains in today's overvalued stock market.
Source: YAHOO