According to the latest available information, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) had about $109 billion in cash and equivalents on its balance sheet. CEO Warren Buffett insists on keeping a $30 billion cash cushion at all times, but this still leaves nearly $80 billion of investable capital. For one thing, Berkshire has already spent tens of billions in the recent market downturn.
Berkshire Hathaway B (BRK.B) closed at $311.90 in the latest trading session, marking a +0.19% move from the prior day.
Berkshire Hathaway, BHP Group, Accenture, The Estee Lauder Companies, and Archer-Daniels-Midland are part of the Zacks top Analyst Blog.