Warren Buffett may be hoarding $128 billion in cash in case he gets sick again - Business Insider

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Warren Buffett's Berkshire Hathaway may be hoarding $128 billion in cash in case he falls ill and investors panic

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Warren Buffett and Charlie Munger may be hoarding cash in case they get sick and need to reassure investors, Bill Smead"When one of them has a medical malady, they've got that bazooka loaded to buy back Berkshire Hathaway stock if people panic," said the founder and investment chief of Smead Capital Management.

Berkshire boasted $128 billion in cash and liquid assets at the end of September, a 15% increase from the end of 2018.

 

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Nooooooo Warren.. He can’t fall sick! It’s always been my dream to have lunch with him.🤧

With this market, cash is the way to go

Buffett speaks, I listen

Coming years BRK “Dividend yield company” for sure ✅☝️

H/T hussmanjp

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