Warren Buffett’s penultimate quarter as Berkshire Hathaway CEO saw operating earnings surge to $13.5 billion, with a record cash pile over $350 billion. Buffett struggled to find bargains, spending $6.4 billion on stocks but selling $12.5 billion. Berkshire’s cash pile swelled to $358 billion. Buffett will step down at year-end. Greg Abel is set to succeed him. Berkshire recently agreed to acquire OxyChem for nearly $10 billion.

Read more at Yahoo Finance: Warren Buffett’s Berkshire Hathaway cashed in another $6 billion worth of stocks in his penultimate quarter as CEO