Did Warren Buffett Buy Stocks in the Coronavirus Crash? The Answer Might Surprise You
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) just released its first-quarter earnings report, and most of the numbers weren't too surprising. Its operating businesses performed rather well, while its stock portfolio declined in value along with the rest of the market.
However, many investors had been waiting to see if Berkshire was able to deploy some of its massive $128 billion cash stockpile during the COVID-19 market crash. While we don't know exactly what stocks Warren Buffett and his team might have bought and sold, we just learned how much cash Berkshire has, as well as how much it may have spent on stocks during the first quarter.
Image source: The Motley Fool.
Source Fool.com
