investing strategy: Warren Buffett’s $334 billion cash pile proves a masterstroke; here’s why every investor should study his strategy closely
Berkshire Hathaway CEO Warren Buffett maintained a huge cash hoard of $334 billion, which proved to be a genius move in the state of today’s economy, as per a report.
Why Did Warren Buffett Keep Such a Huge Cash Pile?
The billionaire investor, in his letter to shareholders in February, had explained why Berkshire had built up $334 billion in cash at the close of 2024, as per Yahoo Finance. Initially, this enormous cash buffer may raised some concerns, why sit on so much cash when the stock market was booming just after US president Donald Trump took office in January.
His move to preserve cash also rewarded investors, Berkshire Hathaway stock is up over 12% this year, while the S&P 500 has lost 11%, reported Yahoo Finance.
However, Buffett…
