Warren Buffett built a cash mountain, sold stocks, and halted buybacks last year.He nearly doubled Berkshire Hathaway's cash to $334 billion and sold a net $134 billion of stocks.Berkshire paid the most corporate income tax to the IRS of any American company in history,
Warren Buffett didn’t tip his hand in his annual letter to investors on Saturday, but it’s become apparent that he’s waiting for a big-time downturn in stocks before deploying his vast and growing cash hoard,
Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren Buffett posted its highest-ever quarterly profit, driven by improvement in insurance operations. The conglomerate's Class A shares closed up $28,