Berkshire Hathaway's "Extraordinary Cash Position" Is No Big Deal, According to Warren Buffett

Every year, investors eagerly await Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) annual report. The highlight is Warren Buffett's shareholder letter, in which he shares his folksy wisdom about investing and the company he heads. This year was particularly important because Buffett and his investment team have been selling assets and raising cash. Buffett's comments on that cash are important to understand.The big story for Berkshire Hathaway in 2024 was about perhaps the most boring investment you can hold -- cash. At the start of the year, the company's balance sheet had roughly $168 billion in cash and short-term investments (mostly U.S. Treasury bills). That's already a very large number, noting that most companies don't have market caps that large.Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool