Berkshire Hathaway posts a 40% jump in operating earnings, cash pile of $157B

Re:Berkshire Hathaway posts a 40% jump in operating earnings... by burkaman on Monday November 06, 2023 @10:59AM (#38164291)

I'm guessing they would rather it be allocated to anything at all, rather than sitting in a "cash pile".

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Re:Berkshire Hathaway posts a 40% jump in operating earnings... by phocion on Monday November 06, 2023 @11:32AM (#38164749)

I mean, it's not like there is a literal $150B pile of cash sitting in a vault anywhere. In practice "sitting in cash" means holding short-term Treasury bills / bonds, i.e. effectively loaning that money to the government to pay for public expenses.

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