Skip to content
Instagraph

May 6, 2024

Cash is king for Warren

At the end of Q1, the cash position of Berkshire Hathaway reached 189 bn USD. Warren Buffett does not appear to have a problem holding so much cash as he does not see many investment opportunities that move the needle for his holding. In his own words: “I don’t mind at all under current conditions building the cash position. When I look at what’s available in equity markets and the composition of what’s going on in the world, we find it quite attractive." “I don’t think anyone at this table has any idea of how to use it effectively, and therefore we don’t use it. We don’t use it now at 5.4%, but we wouldn’t use it at 1%. But don’t tell the Federal Reserve that.” Image preview