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The Independent UK
The Independent UK
Business
Karl Matchett

Why Warren Buffet hasn’t spent the $334,000,000,000 sitting in Berkshire Hathaway’s reserves on new shares

Warren Buffett is seen by many as the greatest investor of a generation, quite possibly ever. It’s not without reason either - his Berkshire Hathaway company has returned around double that of the wider American market, on average, every year since 1965.

He invests in the stock market in a huge range of other businesses through Berkshire, which itself is now worth a trillion dollars (£790bn) - and has a cash reserves pile which at the end of last year amounted to a massive $334.2bn (£264.2bn).

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