From Yahoo Finance: 2025-05-03 07:48:00

Warren Buffett addresses Berkshire Hathaway’s cash pile, stating he’s not hoarding cash for his successor to look good. He emphasizes the unpredictable nature of the investment business, mentioning recent $10 billion opportunity. Buffett prefers a $50 billion Treasury holding but acknowledges the need for irregular investment decisions. Next great deal expected within five years.

Read more: Buffett to step down as CEO at year-end, recommends Abel take over