I remain gravely concerned about the exchanges of fire across the Blue Line, which have impacted both Lebanon & Israel and could trigger a broader conflict with devastating consequences for the region.
I repeat: We need an immediate cessation of hostilities.
JUST IN: Berkshire Hathaway’s cash pile reached a new all-time high of $189 BILLION in Q1 2024.
This is a $19 billion increase from their cash balance seen in Q4 2023, and a 70% increase in cash since 2022.
To put this in perspective, Berkshire Hathaway’s cash balance is larger than the market cap of Starbucks and Target combined.
When asked about this, Warren Buffet said "I don’t mind at all, given current conditions, building our cash position."
Why is Buffett holding so much cash?
Warren Buffett knows a RECESSION IS BAKED IN THE CAKE, and he loves to fish in troubled waters.
That's why Buffett and his company Berkshire Hathaway have stockpiled a RECORD $189bn in cash.
CASH IS KING.