Berkshire Hathaway holds $277bn in cash due to lack of attractive investment opportunities.
Warren Buffett's Berkshire Hathaway holds $277bn in cash amidst a lack of attractive investment opportunities, but the average investor should not interpret this as a dire warning about the stock market. The conglomerate's large cash position may primarily reflect its size, rather than the broader outlook for the market. Investors should proceed cautiously but should not avoid stocks entirely, as a stock market correction or a bear market is possible in the near to medium term.
August 24, 2024
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