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Cash and Patience: Berkshire's 2024 Moves Set the Stage for Big Deals Beyond 2025


Published on 2024-12-08 08:21:03 - The Motley Fool
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  • To put a number on that, at the end of 2023, Berkshire's cash balance was just shy of $168 billion. By the third quarter of 2024, that had ballooned to roughly $325 billion. The $700 million of investments Buffett made in Pool Corp. and Domino's Pizza didn't even make a dent in that giant cash pile.

The article from The Motley Fool discusses Warren Buffett's Berkshire Hathaway's strategic moves in 2024, emphasizing a cautious approach amid economic uncertainties. Berkshire Hathaway has amassed a significant cash reserve, reaching $167.6 billion, reflecting Buffett's strategy of waiting for the right investment opportunities rather than making hasty decisions. The company has been selling off certain holdings, like reducing its stake in Apple, while also making new investments, such as in Chubb, an insurance company. This approach underscores Buffett's philosophy of patience, capital preservation, and seizing opportunities when they present themselves at the right price. The article highlights how Buffett's strategy of holding cash and being selective with investments could set a precedent for investors in navigating volatile markets, focusing on long-term value rather than short-term gains.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/08/cash-and-patience-berkshires-2024-moves-set-the/ ]

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