How Big Is Berkshire Hathaway's Cash Hoard? Here Are 7 Companies You Might Be Shocked to Know It Could Buy Right Now.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the massive conglomerate led by Warren Buffett, is best known for its $365 billion stock portfolio and for its subsidiary businesses like GEICO, Duracell, and many others.
However, there's a third major component to Berkshire Hathaway's assets – its cash. Berkshire ended the third quarter of 2023 with $157 billion in cash on its balance sheet, an all-time high. And there's a high probability that this figure grew even larger by the end of last year. We'll find out when the company reports results.
It can be tough for investors to truly understand how much money that is, and how much financial flexibility it gives Berkshire. So, with that in mind, let's have some fun and look at companies Berkshire could potentially buy with its cash, and a few other key points investors should know.
Source Fool.com
Berkshire Hathaway Inc. A Stock
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