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Berkshire’s Cash Mountain and Strategic Moves | Durham News
Berkshire Hathaway’s $397 billion cash pile is earning $12 billion annually in interest, fueling its defensive strategy under new CEO Greg Abel. With most funds in short-term Treasuries yielding 3.7%, the company rolls over holdings to chase current rates, minimizing risk while building a safety net, funding acquisitions, and generating steady income. Despite selling stocks for three years, earnings and insurance profits are soaring, positioning Berkshire as a market-beating hedge during uncertainty. Abel’s active moves—buying a $8.5 billion homebuilder, investing $10 billion in Alphabet…
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