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A comment on Berkshire Hathaway posts a 40% jump in operating earnings, cash pile of $157B. Parent comment

Re:Berkshire Hathaway posts a 40% jump in operating earnings... by justrealist on Monday November 06, 2023 @10:29AM (#38163880)
'Cash' is an easy term for 'safe liquid investments' aka BH is buying US treasury bonds because rates are high. So basically the Fed goaded BH into financing the federal deficit.

Efficient? Well, that's for you to decide.

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