From Google: 2024-11-02 09:56:48

Warren Buffett’s Berkshire Hathaway now holds a record $325 billion in cash, a result of selling off significant chunks of Apple and Bank of America shares. The conglomerate’s stockpile has grown to its highest level ever, as the legendary investor continues to seek out new investment opportunities. This move comes as Berkshire Hathaway reported a $35.8 billion profit in the second quarter, boosted by gains in its stock portfolio. Buffett’s strategy of holding onto cash and waiting for the right opportunities reflects his cautious approach in a volatile market.



Read more at Google: Berkshire Hathaway cash pile soars to $325 billion after Warren Buffett slashes Apple, BofA holdings | Stock Market News – Mint