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@KobeissiLetter
ยท
10h
BREAKING: Berkshire Hathaway has begun deploying the $397.4 billion cash pile that Warren Buffett accumulated for 14 consecutive quarters.
Details include:
1. Instead of continuing stock sales, Berkshire was a net buyer of equities in Q2 with $19.8 billion in net purchases
2. Berkshire now holds $364.7 billion in cash and cash equivalents
3. The company invested $10 billion in Alphabet,
$GOOGL
, during Q2 in addition to acquiring Taylor Morrison Home for $6.8 billion
4. Berkshire bought $23.5 billion of equity securities during in Q2 and sold $3.7 billion in the same period
Berkshire Hathaway appears to be leaning bullish again.