Berkshire Hethaile’s cash piles when Warren Buffet drops stocks

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Berkshire’s cash pile of Berkshire has increased to a record $ 334.2 billion at the end of last year, when Warren Buffet dropped shares and robbed billions of dollars interested in the great treasury possessions.

On Saturday, founded in Omaha, in the last three months of last year, his monetary position grew by $ 9 billion when the Buffett is trimmed in Blue-Chip stocks, including multi-billionaire stock sales in Citigroup and Bank of America. The monetary pile of the group has almost doubled in the last year.

The common conglomerate reported about $ 47.4 billion for $ 2024, which is 27 percent compared to 2023, led by higher impact of the insurance business.

The results of the work exclude the changes in Berkshire’s shares in $ 272 billion, the swing, which the Buffett has long been rejected as a large extent meaningless.

In 2024, Berkshire disposed of $ 143 billion, significantly exceeding $ 9 billion, which he exploded in the stock, and invested most of the revenue in short -term treasurers.

The results of the fourth quarter of the group were released together with the annual Buffett’s annual shareholder.

“In 2024, Berkshire did better than I expected, although 53 percent of our 189 operating companies reported a decrease in profit,” Buffet wrote to shareholders. “We were assisted by a predictable big profit from investment income as the cost of the Treasury improved, and we significantly increased our possessions of these very liquid short -term securities.”