Buffett on Berkshire's $188 billion cash pile: 'We only swing at pitches we like'

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[moomie]

It feels so odd to see Warren up there without Charlie

[frozenburrito]

He's basically saying equity is too expensive and there is no attractive swing

[mezzmarr]

For a guy who eats at McDonalds everyday, he is doing pretty well.

[hermanramos]

Fantastic video Everybody wants to be financially independent and live a better life. With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realized early on that achieving financial freedom requires hard work.

[marklangevin]

Paul Kangkas used to say, "When cash is trash, cash will soon be king".

[marcussloss]

Don't tell the federal reserve. That was a very measured comment. For those with immense amounts of wealth, they can automatically generate more than inflation and then spend it to avoid taxation.

[SuperBah]

We're not an upside down bank, Jerry!

[Personalfinance_]

Could get a nice stake in CVX with a mere $100 billion.

[tahirisaid]

Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals. Nobody can become financially successful overnight. They put in background work but we tend to see the finished part.

[lafoythomas]

Read "1, 000% Returns: Taking Advantage of the Stock Market's Gross Incompetence." And "Generational Wealth: Beginner's Business & Investing Guide."

[pohu]

At the end, he turned his head and almost said "Charlie?"

[HASHMI]

10M is the magic number to multiply ROI

[markbrophy]

It's better to own gold than dollars. Gold has increased from $35 in 1971 to $2300 today. Similarly, the Swiss franc has lost 80% of its value since they left the gold standard 24 years ago. The rate of interest he's getting, 5%, is too low, it's less than the depreciation of the currency as measured by gold.

[billal-dz]

That's about $9B year risk free! hehe

[eddylauterback]

Uhh uh uh uh uh. Time to go 93 year old. Way past expiration date.

[Wasnt-]

buffett is a smart investors if the stock has good potential and is paying a dividends to investors he'd buy that stock righ away

but buffetr not touching his cash reserves isn't also a bad thing cause all those cash are sitting on a short term government debts that generates 5% in every 4 to 8 and 13 weeks so those cash are generating money on their own whilst the dividends adds more and more to the cash pile and i think that's a good news rather than seeing those cash be gone just to lose it completely

[rajendrajnawali]

Tesla is not a car tesla look like a kids toy

[UncleBernhard]

Then why not use it for charity? Humanity has enough problems that could use a little financial help!