News Formal

Warren Buffett's Berkshire Hathaway owns 3% of the entire T-bill market, JPMorgan estimates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Investment Strategy Nyheter

Stock Markets,Berkshire Hathaway Inc,Business News

Berkshire Hathaway's purchase of Treasury bills has been so aggressive that the conglomerate now owns 3% of the entire market, according to JPMorgan.

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Warren Buffett's Berkshire Hathaway cut Apple investment by about 13% in the first quarterBerkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.
Källa: NBCLA - 🏆 319. / 59 Läs mer »

Warren Buffett says Berkshire Hathaway is looking at an investment in CanadaThe Oracle of Omaha noted that he is 'confident' in placing bets in the country.
Källa: CNBC - 🏆 12. / 72 Läs mer »