Berkshire’s Historic Cash Pile Reaches $325 Billion Amid Major Apple, BofA Sales; Operating Profit Faces Pressure from Insurance Liabilities
Warren Buffett’s Berkshire Hathaway has reached an unparalleled $325.2 billion in cash reserves by the third quarter of 2024, underscoring a decisive shift toward caution as it navigates a turbulent financial landscape. This record cash stockpile comes in tandem with Berkshire’s reduction of its Apple holdings by 25%, a surprising move from a company that […]