Berkshire Hathaway Has $149 Billion in Cash -- Here's the Stock It Keeps Buying With It
We recently got a glimpse at Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) third quarter earnings report, and while the business looks strong, there's one big number that stands out. Berkshire has $149 billion in cash on its balance sheet, the largest cash hoard in the company's history.
On a similar note, while Berkshire has made some relatively small stock purchases in its portfolio recently, it has spent more on a single stock in 2021 than on all others combined. In this Fool Live video, recorded on Nov. 8, Fool.com contributor Matt Frankel and Industry Focus host Jason Moser discuss what stock Berkshire has spent more than $20 billion on in 2021 and why the stockpile of cash keeps growing.
Source Fool.com
