Record High Cash Reserves For Berkshire Hathaway

Berkshire Hathaway’s cash reserves have hit a record $325.2 billion in the third quarter.

Warren Buffett, known for his cautious investment strategy, continues holding off on major acquisitions, while trimming some significant equity positions.

Berkshire recently cut its stake in Apple, reducing its holdings by about 25%, with the remaining stake now valued at $69.9 billion, down from $84.2 billion in the previous quarter.

Buffett, who first invested in Apple in 2016, indicated that tax considerations were a factor in the recent sale but affirmed that Apple would likely stay Berkshire's top holding.

He emphasized that he's comfortable building up cash under current market conditions, reflecting his cautious approach amid economic uncertainties.