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I think I read recently that buffet is sitting on an equivalent amount of cash, waiting for the right investment
by compsciphd 7y ago
I think I read recently that buffet is sitting on an equivalent amount of cash, waiting for the right investment
- eindiran 7y agoAt least as recently as May 2017 that was true: https://www.cnbc.com/2017/05/05/warren-buffett-reveals-whats-holding-him-back-from-putting-berkshires-cash-to-work.html https://www.cnbc.com/2017/05/05/warren-buffett-reveals-whats...
- dgacmu 7y agoBuffet is at 122B now: https://www.google.com/amp/s/markets.businessinsider.com/amp/news/warren-buffett-berkshire-hathaway-record-122-billion-cash-2019-8-1028416556 https://www.google.com/amp/s/markets.businessinsider.com/amp... But he invests differently - often buying entire, functioning companies.
- alexnewman 7y agoWarren holding cash is a statement on equity values IMHO. This is not financial advice.
- deleted 7y ago[deleted]
- sytelus 7y agoEvery big player is sitting on approximately that much cash: MSFT, APPL, GOOG. There is probably literally trillion dollars lying around in mostly liquid assets trying to find better long term opportunity. I think the productivity in last decade had been amazing but no one knows where to invest all these extra earnings they have had.
- skinnymuch 7y agoBuffett did lose billions on Kraft Heinz which we’re huge purchases costing tens of billions.