Berkshire shares reach all-time high on strong earnings and Buffett's cash pile

that he's been buying $10 billion worth of 3-month or 6-month T-bills every Monday.

"Berkshire Hathaway's resilient earnings illustrated the value of its diversified business mix as it added to its cash hoard," said Bill Stone, chief investment officer at Glenview Trust and a Berkshire shareholder. Berkshire also reported a near $26 billion unrealized gain from its investments, and much of this gain came from its gigantic stake in. The tech giant fueled the market rally in the second quarter, climbing nearly 18%. Berkshire's Apple bet has ballooned to $177.6 billion.

"We continue to believe BRK's shares are an attractive play in an uncertain macro environment," Brian Meredith, a Berkshire analyst at UBS, said in a note.

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