Posted 3/2/2024, 6:29:00 PM
Berkshire Hathaway Sitting on $167B Cash Pile, Buffett Eyes Potential Big Acquisitions Like GE, Uber, Nike
- Warren Buffett's Berkshire Hathaway has a record $167.6 billion cash pile as of end of 2023
- Berkshire's stock has delivered 19.8% annual returns since 1965, doubling the S&P 500
- Berkshire looks for profitable companies with steady growth and strong management
- Berkshire's top 3 holdings (62.7% of portfolio) are Apple, Bank of America, and American Express
- The article lists 10 big companies Berkshire could theoretically acquire with its cash pile, including GE, Uber, Nike, Morgan Stanley, UPS, Boeing, Blackrock, AT&T, Sony, and Airbnb