Still holding cash at home? Warren Buffett calls it oxygen, but says it’s not good as an asset
· economictimes.indiatimes.com
Berkshire Hathaway's successor Greg Abel is deploying its large cash reserves. The firm recently bought back shares and invested heavily in equities. Alphabet stock saw a significant purchase, becoming a major holding. Berkshire's cash pile decreased after these strategic acquisitions. The company reported strong quarterly operating profit and net income increases.
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