3% of the US Treasury Bill market is controlled by Berkshire Hathaway, led by Warren Buffett.
3% of the US Treasury Bill market is controlled by Berkshire Hathaway, led by Warren Buffett, as revealed by JPMorgan analysts. Buffett's company has a significant cash pile due to a lack of major deals, causing it to invest mainly in T-bills. Berkshire Hathaway's cash position, at 17.5%, aligns with its long-term average, and the company has kept an average of 13% cash on its balance sheet since 1997.
June 09, 2024
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