AfterWarren Buffett's conglomerateBerkshire Hathaway Inc(NYSE:BRK) (NYSE:BRK) declared its third-quarter results in early November, investors have been curious as to why he sitting on nearly $325 billion in cash and equivalents.
What Happened:Analysts have been speculating an array of reasons for the world's most famous value investor to be holding such a huge pile of cash. It could be for an acquisition plan, a buyback plan in case of a succession, or an expectation of a market fall.
Also read:Warren Buffett 'Destroying $3B A Month' Of Berkshire Capital By Not Investing In Bitcoin...
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