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Warren Buffett’s Berkshire determines the cash record as he is preparing to step down, but the effect continues



Good morning. In Helm after six decades Berkshire HathawayThe legendary investor Warren Buffett will end the President by the General Director General of the President of the 2026 by the General Director General Greg Abel at the end of this year. Buffett will remain as the company’s Berkshire Department declared On Monday, there is still a word when the company works.

There are no resources when Abel does not include: 94-year-old Buffettin Yarbutlu’s Yarbutlu sits on the record $ 347.7 Billion Cash And short-term investments, over $ 334.2 billion last year.

Berkshire (№ 5 Fortune 500) is unique, as Buffett-and Abel, even like Buffett-and Abel, even storage opportunities and investments remain in a sustainable look. Berkshire is not aimed at gaining income in many traditional operating companies. The approach to retain and place cash is different from most corporations. Thus, this was the use of this cash in the coming years of Berkshire, the Associate Professor, Bret Bero, Babson College told me.

Buffett said last weekend, as a new CEO, he said he did not stand on any investment opportunities to move upwards.

On Saturday, I would not have anything to do with something that could look good for the buffet to look good on the annual shareholder. Investors thought that Berkshir had to place cash on a larger scale; However, the company made some small stock purchases. “Many, very, very opportunistic work … We’ve always made a lot of money because we don’t want to complete a complete investment.” Buffett said at the meeting.

The cash surplus of firms offers a lucky lesson to be lucky enough to manage these holdings. You can read my full article on this here.

Buffett, Berkshire in 1970, then the textile case, then became the General Director in 1970 after receiving textile work. Bank of America.

“Warren Buffett, seven decades plus unprecedented successful success,” said Moynihan. “It continues to be an example to watch, giving an unprecedented philanthropist, outside his business success.”

Continued: “His life classes are familiar with the young and old man, as a job as a job. I learned more than him and looked forward to taking advantage of his concepts. It’s great. Supporter and investor Bank of America and the economy of our nation and the innovative spirit of the United States. “

Buffett affected your career? If so, please send me an email – I would like to hear about it.

Strip Variety
sheryl.estrada@fortune.com

This story was first displayed Fortune.com



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