Markets Insider on Nostr: Warren Buffett's cash mountain grows to record $168 billion as Berkshire Hathaway ...

Warren Buffett's cash mountain grows to record $168 billion as Berkshire Hathaway struggles to find bargains
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Warren Buffett's Berkshire Hathaway grew its cash pile to a record $168 billion last quarter. The investor and his team were net sellers of stocks but accelerated buybacks in the period. Berkshire posted a 28% increase in operating profits as it benefited from a strong economy. Berkshire's ballooning cash pile and relatively muted stock purchases and buybacks highlight the challenge Buffett faces as a value investor operating in a booming market with a bright economic outlook. The conglomerate's operating earnings surged by 28% to $8.5 billion, fueling a 21% increase in full-year profits.

#WarrenBuffett #BerkshireHathaway #CashPile #StockPortfolio #Buybacks

https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-cash-mountain-stock-portfolio-buybacks-deals-2024-2