Berkshire's cash reserves in Q2 fell for the first time in three years, with stock market investments becoming more cautious.


On August 2, Jin Shi Data reported that Berkshire Hathaway ( BRK.A.N and BRK.B.N ) cash reserves fell by 1% to $344 billion over the three months ending in June, marking the first decline in cash reserves in three years. Previously, due to Buffett's difficulty in finding investment opportunities, cash reserves had repeatedly set historical highs. In the second quarter, Buffett became more cautious about the stock market, net selling about $3 billion in stocks, and even suspended Berkshire's stock buyback for four consecutive quarters—despite a 12% drop in stock price since announcing the handover of CEO in May.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
YangJuvip
· 08-04 02:56
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)