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Warren Buffett sitting on over $325 billion cash as Berkshire Hathaway continues selling Apple stock

cbsnews.com
submitted
7 mos ago
bygetthatmoneyyotofinance

Summary

Berkshire said it sold off more Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter. The stake valued at $69.9 billion at the end of September remains Berkshire's biggest single investment.

The four analysts surveyed by FactSet Research predicted that Berkshire would report operating earnings of $7,335.11 per Class A share. That compares to last year's $10.8 billion, or $7,.437.15 per ClassA share. Berkshire's revenue didn't change much at $92.995 billion.

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8 Comments

3
humboldt
7 mos ago
He really must be waiting for a crash to buy up everything
2
getthatmoneyyoOP
7 mos ago
He keeps stockpiling cash, it's probably the only outcome
2
humboldt
7 mos ago
I don't need another bad thing in my life 😭
2
getthatmoneyyoOP
7 mos ago
Just try preparing for it now and you'll weather it
2
humboldt
7 mos ago
Probably should have prepared years ago lol
2
practicalmagic
7 mos ago
Couldn't he donate this to people... Like me?
1
getthatmoneyyoOP
7 mos ago
Only if you're worthy
2
practicalmagic
7 mos ago
Sign me up for the contest!