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Fortune
Fortune
Stuart Dyos

Buffett says Berkshire 'will forever' deploy most of its capital in equities and never prefer cash over good businesses

Berkshire Warren Buffett Berkshire Hathaway
Berkshire Hathaway CEO and chairman Warren Buffett in Toronto, Canada. (Credit: George Pimentel—Getty Images)
  • Warren Buffett's Berkshire Hathaway saw its stockpile of cash continue to swell, amid questions about what he plans to do with all that money. But in his annual letter to the conglomerate's shareholders, he reaffirmed his desire to invest in businesses, rather than hold onto cash.

Berkshire Hathaway Chairman and CEO Warren Buffett reaffirmed his commitment to investing Saturday, even as his conglomerate continued accumulating cash reserves.

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