Warren Buffett, in his annual letter to shareholders, defends Berkshire’s cash pile but says the company will always prefer ...
The majority of Berkshire Hathaway (BRK.B) (BRK.A) investors' money is in equities, and that preference won't change, Warren Buffett said in his annual shareholders' letter on Saturday.
Warren Buffett wrote in his annual letter to Berkshire Hathaway shareholders that despite the conglomerate's record cash haul, the "substantial majority" of their money is in equities.
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Rest assured, Warren Buffett would always prefer putting money into equities over holding cash instruments. That said, a big pile of cash in Treasury bills hasn't exactly been painful, the billionaire ...