Perhaps the best reason why Berkshire wouldn't be added to the Dow, even if it issued a stock split, is because of redundancies. Four of Berkshire's five largest public equity holdings -- Apple, American Express, Coca-Cola, and Chevron are also Dow components. Berkshire also has smaller positions in other Dow stocks, including Visa and Amazon.
Still, by the end of the first quarter, the cash balance had grown to nearly $189 billion. By the second quarter, cash was up to roughly $277 billion. Cash increased again in the third quarter, hitting $325 billion. And Berkshire Hathaway's cash stockpile ended 2024 at a shockingly large $334 billion.
Warren Buffett's latest letter to Berkshire Hathaway shareholders offered reflections on mistakes at the company, its growing cash pile, and outlined a slightly revamped annual meeting set for May.
Warren Buffett's Berkshire Hathaway nearly doubled its cash pile to $334 billion, sold a net $134 billion of stocks, and paid $26.8 billion to the IRS.
In a wistful annual letter to Berkshire Hathaway shareholders, Warren Buffett said 'it won't be long' before he's succeeded as CEO by Greg Abel.
Warren Buffett is celebrating the successes of Berkshire Hathaway’s companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate.
Berkshire Hathaway's Q4 caution on stock buybacks reflects high valuations. See why BRK.B stock could benefit from future market selloffs and dip buying.
Tariffs might be President Donald Trump’s favorite word. To legendary investor Warren Buffett, there is less to be excited about.