Berkshire Hathaway's Financials and Warren Buffett's Investment Strategies

SOURCE www.cnbc.com
Berkshire Hathaway's cash pile swelled to a record $276.9 billion last quarter as Warren Buffett sold big chunks of stock holdings including Apple. The conglomerate's operating earnings jumped thanks to Geico, while Buffett remains cautious about deploying capital due to high prices.

Key Points

  • Record cash reserves of $276.9 billion
  • 15% increase in operating earnings from the previous year
  • Buffett's selling of stocks including Apple and Bank of America
  • Buffett's cautious stance on capital deployment due to high market prices

Pros

  • Berkshire Hathaway's cash reserves reached a record high
  • Operating earnings increased, primarily driven by Geico's performance
  • Buffett's cautious approach towards deploying capital in high-priced markets

Cons

  • Decline in net earnings compared to the same period last year
  • Reduced stock buybacks in the second quarter