Record Cash Pile: What Insights Does Buffett Reveal?
The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew a record cash pile even larger to $334 billion, but failed to explain in his highly anticipated annual letter why the investor known for his astute equity purchases over time was seemingly battening down the hatches.
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With Buffett Stays Defensive: Will Markets Follow His Lead?
What might Berkshire's cash be used for?
Is it being prepared for the next successor?
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