Buffett waits to deploy cash as Berkshire war chest nears $100bn
Waiting for opportunities
Warren Buffett, chief executive of Berkshire Hathaway
Warren Buffett's company Berkshire Hathaway is nearing the milestone of holding $100bn in cash, as management wait for the right opportunities to put this money to work.
According to Bloomberg, the company's cash pile reached a record high of $99.7bn at the end of the second quarter. Buffett (pictured), CEO of Berkshire Hathaway which he has run for 50 years, said...
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