Buffett's Cash Hoard Grows: Still in the Game
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Warren Buffett, the 95-year-old investment titan, remains actively involved in Berkshire Hathaways investment decisions, despite delegating the CEO role. He maintains daily contact with Mark Millard, Berkshires financial assets director, and closely monitors the market. Recently, Berkshire acquired $17 billion in Treasury bills, increasing their cash reserves to $370 billion. Buffett remains unfazed by market fluctuations, having witnessed the market drop by over 50% three times during his tenure.
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