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Warren Buffett wrote in his annual letter Berksshire Hathaway (Mustache; Mustache) Shareholders who, despite the record money of conglomerates, “a significant majority of” their money is in capital.
Berksshire, who reported on Saturday about Operational Earnings in the Fourth Thrown increased more than 70% Annual compared to $ 14.53 billion, it ended in 2024 records of a record $ 334.2 billion in cash, monetary equivalents and short -term investments in US treasury accounts.
In his letter, Buffett emphasized that, despite his share in cash, Berksshire will always focus on investments in the stock.
“Despite what some commentators are currently seeing as an extraordinary monetary position in Berksshire, the vast majority of your money stay in capital,” Buffett wrote. “This preference will not change. Although our ownership in market shares last year descended from $ 354 billion to $ 272 billion, the value of our non-cited controlled shares has increased somewhat and remains far greater than the portfolio value that can be a market.”
Berksshire plays significant roles in several big -name companies including Apple (Aapl), Bank of America (Back), Coca-Cola (Who), Chevron (CVX), and American Express (Ax).
“Berksshire shareholders can be sure that we will forever implement a significant majority of our money in capital – mostly US shares, although many of them will have international operations of importance,” Buffett added. “Berksshire will never prefer ownership of property equivalent money in relation to ownership of good companies, whether controlled or partially owned.”
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