Your reference material is incorrect (it doesn't understand how to assess cash & cash equivalents properly). Berkshire Hathaway's cash position was sitting at

Your reference material is incorrect (it doesn't understand how to assess cash & cash equivalents properly). Berkshire Hathaway's cash position was sitting at an all-time high of $122 billion as of early August. Your source claims $44 billion. Buffett will be distraught to find out $78 billion in cash is missing. "The result was that the company’s cash hoard -- a major focus for investors in recent years -- surged to a record $122 billion." https://www.bloomberg.com/news/articles/2019-08-03/buffett-s-cash-pile-hits-record-as-berkshire-holds-122-billion https://www.bloomberg.com/news/articles/2019-08-03/buffett-s... For further reference here is a chart of Berkshire's cash going back to 1996 from Reuters: https://i.imgur.com/VzrG8lP.jpg https://i.imgur.com/VzrG8lP.jpg