Berkshire Hathaway Sees Record Cash Amid Buffett's Major Stock Sales

Warren Buffett, CEO of Berkshire Hathaway, continues to demonstrate prudent investment strategies amid a market where stocks remain expensive. Berkshire Hathaway's stock, BRK.B, has pulled back from earlier highs and is currently in a support zone, yet Buffett has not repurchased shares, maintaining a record cash holding of $381 billion to capitalize on future opportunities. Despite buying $6.4 billion and selling $12.4 billion in equities during Q3 2024, Buffett's cautious approach reflects his belief that current stock valuations are not attractive enough for buying. Buffett is set to step down as CEO at the end of 2025, marking the end of an era for the investment giant. Alongside his recent fiscal moves, Buffett has openly shared his past investing mistakes, including emotional decisions, missed opportunities with Amazon and Alphabet, and costly acquisitions like Dexter Shoe Co. and Berkshire Hathaway itself, which serve as valuable lessons for investors on balancing conviction with adaptability.