Tag: Warren Buffett

Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock

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OMAHA, Neb. — Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assorted businesses without finding any […]

Warren Buffett: 'American magic' will spur US economic recovery

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Billionaire investor Warren Buffet said Saturday he’s confident the US economy will bounce back from its pummeling by the coronavirus pandemic because “American magic has always prevailed.” The 89-year-old made the sanguine prediction about the world’s largest economy as his holding company Berkshire Hathaway reported first-quarter net losses […]

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