Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Published On Feb 22, 2025, 11:03 AM
Berkshire Hathaway ended 2024 with $334 billion in cash, including $286 billion in short-term Treasury bills. Despite a decline in earnings for more than half of its nearly 200 businesses, the company reported net earnings of $90 billion, down from $96 billion the previous year. Buffett emphasized that the stability from Treasury bills is a buffer while awaiting better investment opportunities.
Stock Forecasts
BRK.B
Positive
Berkshire's substantial cash reserves provide security, and the increased Treasury holdings indicate a strategy to manage risk in uncertain markets. The focus on quality investments may lead to growth in the long term, particularly when market conditions improve.
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