One of the most eagerly anticipated events in the financial world is Warren Buffett’s annual letter to the shareholders of Berkshire Hathaway.
Hot off the presses, this year’s letter is of particular interest because Berkshire Hathaway has $300 Billion (with a “b”) in cash and Treasury securities sitting on its balance sheet. This Fortune article (posted on the AOL site) asks “is Berkshire Hathaway hoarding cash out of fear-or waiting for an opportunity?”.
Is the “Sage of Omaha” on offense or defense? Perhaps Mr. Buffett’s most recent shareholder letter will offer some clues. (The annual meeting of Berkshire Hathaway will be held in a few months. I’ll share the video at that time. )
