Account Info
Log Out
English
Back
Download
Log in to access Online Inquiry
Back to the Top
Buffet slashes Apple stake by half: Time to buy or sell?
Views 290K Contents 55

Is a recession around a corner?

avatar
YawningKitty_x_x joined discussion · Aug 7 00:46
Nobody knows for sure, and accurately predicting one is impossible.
However, if anyone is prepared, it's Warren Buffett and Berkshire Hathaway. $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$
Over the weekend, Berkshire Hathaway released its Q2 earnings, revealing a record-breaking $277B cash pile.
In Q1, the cash pile sat at $189B, and Buffett’s recent strategic moves of selling nearly 50% of his Apple $Apple (AAPL.US)$ shares and offloading Bank of America $Bank of America (BAC.US)$ have helped significantly boost this figure.
With $277B on the sidelines, Buffett can comfortably earn a risk-free return through treasury bonds while waiting for the next big opportunity.
His cash position now surpasses the market cap of well-known companies like Netflix $Netflix (NFLX.US)$ , AMD $Advanced Micro Devices (AMD.US)$ , McDonald's $McDonald's (MCD.US)$ , Disney $Disney (DIS.US)$ , and Airbnb $Airbnb (ABNB.US)$ .
Is a recession around a corner?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
12
1
1
+0
5
Translate
Report
211K Views
Comment
Sign in to post a comment
avatar
YawningKitty_x_x
🌲ex IBDer 📝Swing Trader since 2014 📚There are 3 ways to earn money: be fast, be smart or cheat.
522Followers
31Following
3896Visitors
Follow