
BUFFETT’S CASH HOLDINGS HIT A RECORD $149 BILLION — WHAT DOES BUFFETT KNOW?
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
What Does Buffett Know?
Please click here for a chart of Berkshire Hathaway (BRK-B).
Note the following:
- Warren Buffett is the most successful investor of our time.
- Buffett’s company Berkshire just reported that its cash holdings hit a record $149.2 billion.
- What does Buffett know that Wall Street is missing? Buffett is holding record cash at a time when the stock market is hitting new highs.
- The chart shows that since May Berkshire stock has been rangebound. Berkshire has been buying its own stock.