Is Warren Buffett Preparing to Save Wall Street From Itself? History Shows What the Billionaire Legend Could Be Doing With His Record $325 Billion in Cash.

Theories abound as to why Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is currently sitting on the largest pile of cash in its long and storied history. Over the past year, the "Oracle of Omaha" has overseen his company's large-scale reduction of several key positions including those in Bank of America and Apple.The company's sales of equities through the first nine months of 2024 total $133 billion. Buffett and his team have amassed a cash reserve of $325 billion. That is a lot of money to have on the sidelines -- more than Berkshire has ever had -- and comes at a time when markets are hitting historic highs. What is Buffett planning to do with all this cash? Buffett's past actions may hold the answer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool