Berkshire cash pile climbs to $380bn as stock sales streak hits 14th quarter
Berkshire Hathaway's cash pile reaches $380 billion as stock sales continue for 14th quarter.
impact+0.70
sentiment+0.00
n=3
berkshire hathaway's cash pile hit $380bn, growing for the 14th straight quarter as the company kept selling more stock than it bought. greg abel will address shareholders at the annual meeting — his first since taking over from warren buffett. the cash hoard has become a defining feature of berkshire's recent strategy, with buffett himself saying he sees few attractive deals at current prices. abel's appearance marks a symbolic handoff, though buffett is still expected to attend.
read at ft_home →