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looking beyond borders

foreign policy and global economy

Warren Buffett’s Company Is Sitting On $122 Billion In Cash, Which Could Be A Bad Sign…

To say that Warren Buffett knows a good deal is a bit of an understatement — even cliché, maybe. That’s why it looks like bad news that his company, Berkshire Hathaway, is sitting on a record $122 billion in cash, and actually sold more investments than it bought in the first half of the year, according to Bloomberg. Of course, most of us would be perfectly happy to see those numbers followed by a long string of zeros attached to our bank account, but when your job is to deliver huge investment returns, sitting on cash is actually a big problem.

Read Here- Business Insider

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