Warren Buffett amasses more cash and sells more stock, but doesn't explain why in annual letter
Published On Feb 22, 2025, 9:36 AM
Warren Buffett's annual letter to Berkshire Hathaway shareholders revealed that he has sold more stocks and amassed a record cash pile of $334 billion. He did not provide clear explanations for this defensive posture but maintained that the majority of the company's capital remains in equities. Berkshire net sold over $134 billion in stocks in 2024, raising concerns about stock valuations and future investment opportunities. Buffett expressed frustration with high market valuations and indicated that while he favors equities, he has been cautious in deploying capital. Buffett endorsed his successor, Greg Abel, for his ability to identify good investment opportunities.
Stock Forecasts
BRK.B
Negative
Buffett's move to sell stocks and increase cash reserves may suggest market uncertainty, indicating a potential cooling in the aggressive bullish sentiment seen in recent years. The lack of immediate attractive investment opportunities could pressure stock prices in the companies Buffett has divested from.
Related News
Read Warren Buffett’s latest annual letter to Berkshire Hathaway shareholders
Feb 22, 2025, 9:34 AM
Warren Buffett released Saturday his annual letter to shareholders.
C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
Jan 6, 2025, 12:57 PM
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.
Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion
Nov 25, 2024, 8:23 AM
"I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote in a lengthy letter Monday.