Berkshire Hathaway's Cash Reserves Hit Record $382 Billion Amid Profit Growth
TL;DR Summary
Berkshire Hathaway has sold an additional $6.1 billion worth of its stock, indicating ongoing strategic adjustments in its investment portfolio.
- Berkshire Hathaway offloads further $6.1bn of stock Financial Times
- Berkshire's operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion CNBC
- Berkshire Hathaway's profits rise 17% as Warren Buffett prepares to step down as CEO Yahoo Finance
- Berkshire profit rises, cash soars to record CNN
- Buffett’s Berkshire Hathaway Cash Pile Soars to $382 Billion Bloomberg.com
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