One look at this and you’ll get why Warren Buffett is sitting on a record cash pile
October 15, 2019 at 11:46 AM EDT
At the midpoint of the year, Warren Buffett’s Berkshire Hathaway was sitting on a record cash pile of $122 billion, leading one longtime shareholder to dump his position because, as he recently explained, “thumb-sucking has not cut the Heinz mustard during the Great Bull Market.” So why IS Buffett so cash heavy?
