148 days ago • Posted by William Ramstein

Is cash trash ?

Warren Buffett might disagree. Berkshire Hathaway Inc. was firing up another engine: stocks -- both buying its own and trading others. The conglomerate snapped up $24.7 billion of Berkshire shares last year, a stark record for the business sitting atop a $138 billion cash pile. It also almost doubled the volume of buying and selling of other stocks compared to 2019. Source: Bloomberg

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