Warren Buffett Is Holding A Record Amount Of Cash Right Now | Exploring Markets

Warren Buffett Is Holding A Record Amount Of Cash Right Now

Warren Buffett has more than $55 billion in cash on his balance sheet right. That is a record for him and his company Berkshire Hathaway. Here is the chart, below. What do you think he'll do with all his cash?:


"Profits have replenished Berkshire’s coffers at a rate of more than $1 billion a month and left him with the challenge of finding bigger investments. Cash stood at about $55.5 billion on June 30, more than double the amount Buffett has said he likes to keep on hand should his insurance businesses have to pay unusually large claims." Buffett Waits on Fat Pitch as Cash Hoard Tops $50 Billion, Bloomberg News