117656

Even Warren Buffett doesn't know where to invest in today's market

Warren Buffett's Berkshire Hathaway reported a record $189 billion cash pile in Q1 2024, reflecting the investor's uncertainty on effective investment opportunities. Despite an 11% increase in shares this year and a market cap of $862 billion, Berkshire sold $20 billion worth of stock and bought only $2.7 billion in Q1. Buffett praised Apple, Berkshire's largest holding, despite selling off 13% of its stake.

loading...