Berkshire Hathaway posts $29.2 billion quarterly earnings and holds $128 billion in cash as of Dec. 31
February 22, 2020 at 09:16 AM EST
Berkshire Hathaway Inc.‘s earnings surged last year due to unrealized investment gains, but the conglomerate’s cash pile totaled $128 billion as of Dec. 31, the company said Saturday, slightly down from $128.2 billion at the end of the third quarter.