Berkshire Hathaway piles up $116 billion in idle cash

The 5 big cues for stock investors according to Warren Buffet

Legendary investor Warren Buffett approaches stock investing with two simple rules. The first is to never lose money and the second is to never forgot rule number one.
This could be the reason why Buffett-led Berkshire Hathaway is sitting idle on a heap of cash of $116 billion and short-term treasury bills — and still smiling.

“Our smiles will broaden when we have redeployed Berkshire’s excess funds into more productive assets,” the Oracle of Omaha said in his annual letter. Berkshire Hathaway was in possession of $86.4 billion in cash at the end of 2016. Market pundits across the world like Buffett’s straight talk. This time, they even got some cues on equity and bond investments.

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