Why is Buffett Holding $144 Billion in Cash
By Dale Gillham
General Advice Disclaimer
This article is for general educational purposes only and does not take into account your personal financial circumstances, objectives or needs. Before making any investment decisions, consider your individual circumstances and seek independent financial advice if necessary.
Warren Buffet recently announced that Berkshire Hathaway is holding $144 billion in cash. So why does Buffett hold so much cash and what does it mean for the stock market? Is this a sign that investors should be increasing their cash holdings? In this week’s Australian stock market show, Dale and Janine share their thoughts on how to put this in context based on your situation and the current market decline. They also discuss the strategy set by large companies versus what you can do as an individual investor in the stock market.
