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Berkshire is preparing for lower cash flows from reduced economic activity

Berkshire is preparing for lower cash flows from reduced economic activity

The investing firm spent $5.1 billion buying back Berkshire’s own stock in the 2nd quarter, more than double he’d ever purchased before. That came as he unloaded $13 billion of other companies’ shares, including airline stocks and some financials, in what was Buffett’s biggest selling quarter in more than a decade. Buffett’s cash pile surged to a record $146.6 billion at the end of June.

Mathieu
Mathieu
Top in Business