Berkshire Hathaway's Cash Pile

Discussion in 'Wall St. News' started by dealmaker, Aug 5, 2019.

  1. dealmaker

    dealmaker

    Berkshire Hathaway's Cash Pile


    Warren Buffett's business now has $122 billion in cash—a fresh record, driven by a rising U.S. stock market. That also meant that investors were waiting for Buffett to make a big acquisition—the $10 billion stake to help oil company Occidental take over Anadarko appears to have barely made a dent. But there were signs of slowing growth in Berkshire's portfolio, too, after a mixed earnings season, including from industrial goods manufacturers and rail operators. FT
     
  2. lylec305

    lylec305