Berkshire Hathaway’s cash pile reached a new all-time high of $189 BILLION in Q1 2024. This is a $19 billion increase from their cash balance seen in Q4 2023, and a 70% increase in cash since 2022. To put this in perspective, Berkshire Hathaway’s cash balance is larger than the market cap of Starbucks and Target combined. When asked about this, Warren Buffet said "I don’t mind at all, given current conditions, building our cash position." Why is Buffett holding so much cash?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more