1 Reason to Buy Berkshire Hathaway Stock Like There's No Tomorrow
For decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been a reliable way to generate double-digit annual returns. The company's leader, Warren Buffett, is one of the most successful investors of all time. By buying Berkshire stock, you essentially outsource your investment decisions to Buffett -- historically a very wise move.With a market cap of more than $1 trillion, many investors worry that it's too late to buy Berkshire stock. Don't be fooled. Berkshire stock is still an incredible investment for many reasons. But right now, it has a unique advantage that few alternative investments offer.Since the end of 2023, Berkshire has essentially doubled its cash pile. As of last quarter, the business held roughly $350 billion in cash. Buffett has pushed back on the idea that this growing cash pile represents a negative view on markets in general. "Despite what some commentators currently view as an extraordinary cash position at Berkshire, the great majority of your money remains in equities," he wrote in his latest letter to investors. "Berkshire shareholders can rest assured that we will forever deploy a substantial majority of their money in equities." Continue reading
For decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been a reliable way to generate double-digit annual returns. The company's leader, Warren Buffett, is one of the most successful investors of all time. By buying Berkshire stock, you essentially outsource your investment decisions to Buffett -- historically a very wise move.
With a market cap of more than $1 trillion, many investors worry that it's too late to buy Berkshire stock. Don't be fooled. Berkshire stock is still an incredible investment for many reasons. But right now, it has a unique advantage that few alternative investments offer.
Since the end of 2023, Berkshire has essentially doubled its cash pile. As of last quarter, the business held roughly $350 billion in cash. Buffett has pushed back on the idea that this growing cash pile represents a negative view on markets in general. "Despite what some commentators currently view as an extraordinary cash position at Berkshire, the great majority of your money remains in equities," he wrote in his latest letter to investors. "Berkshire shareholders can rest assured that we will forever deploy a substantial majority of their money in equities."
