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Buffett's Cash Hoard Swells at Berkshire Hathaway

August 09, 2012 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Bloomberg reports on Berkshire Hathaway's (BRK.A)(BRK.B) last quarter stock moves based on high level numbers reported in Berkshire's 2012 second quarter earnings report. Berkshire's cash position increased to $41 billion as Warren Buffett pared down Berkshire's stakes in consumer product stocks. This positions him well for another elephant size acquisition

Warren was net seller of equities in this quarter, but added stakes in commercial and industrial stocks, although no specific names were mentioned.

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About the author:

I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

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