Berkshire Hathaway 's purchase of Treasury bills has been so aggressive that the Warren Buffett-controlled conglomerate now owns 3% of the entire bill market, according to JPMorgan.
Cash is attractive Buffett believes that short-term Treasurys are the yardstick against which other values are measured — a sharp rise in rates effectively lowers the present value of any future earnings. The Berkshire CEO has said he just doesn't see anything else appealing right now. "It isn't like I've got a hunger strike or something like that going on. It's just that they — things aren't attractive," Buffett said at Berkshire's annual meeting in early May.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Fonte: NBCLA - 🏆 319. / 59 Leggi di più »
Fonte: CNBC - 🏆 12. / 72 Leggi di più »