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Berkshire has about $72 billion in cash and cash equivalents. They also have $305 billion in U.S. Treasury bills and $5 billion in U.S. Treasury, U.S. government corporations and agencies to round out the dry powder available.
Which is slightly more than Home Depot has, but less than Palantir, Netflix and Costco.
They still have $283 billion invested in stocks.
This was a good look into the mind of Buffett and Munger
Berkshire has about $72 billion in cash and cash equivalents. They also have $305 billion in U.S. Treasury bills and $5 billion in U.S. Treasury, U.S. government corporations and agencies to round out the dry powder available.
Which is slightly more than Home Depot has, but less than Palantir, Netflix and Costco.
They still have $283 billion invested in stocks.
This was a good look into the mind of Buffett and Munger
Context? It’s what happened. He’s sitting on 380 billion in cash.
Berkshire lost money on their Treasury bond purchases last few weeks. The oracle must have lost the touch. He had recommended Celanese, and that stock has taken a total bath also. Not sure there's been a lot in the way of outstanding buys, but he did sell off a majority stakeholder share if Apple - which has been on a tear lately. All in all Berkshire has lost its luster
A Monetary Earthquake:
China’s Unreported Gold Purchases Could Be 10× Its Official Total, According to the Financial Times.
Dr. Judy Shelton recently told me something that the world should play close attention too.
China, the world’s largest producer and consumer of gold, is almost certainly not being transparent about how much it really holds.
Through the Shanghai Gold Exchange, Beijing has quietly built the infrastructure to merge gold and the yuan — setting the stage for settlement through digital instruments or stablecoins.
She warned that China may soon propose a new international monetary system anchored to gold… a move that could redefine global finance. @judyshel
Berkshire lost money on their Treasury bond purchases last few weeks. The oracle must have lost the touch. He had recommended Celanese, and that stock has taken a total bath also. Not sure there's been a lot in the way of outstanding buys, but he did sell off a majority stakeholder share if Apple - which has been on a tear lately. All in all Berkshire has lost its luster
Well, he was stepping down and liquidating. Funding his children's foundations and handing over Berkshire to others
Well, he was stepping down and liquidating. Funding his children's foundations and handing over Berkshire to others
True, but he could have transferred assets in kind to those foundations vs cash out. Unless the need for declaration of gains and losses were tax oriented incentives. Hard to know but he sold a lot of losers either way, and lost out of a lot of gains. I'm sure it was done w good advice, but it doesn't bode well for the Berkshire namesake and valuations.
