Buffett is Giant Trader of U.S. Treasury Bills

After several years of struggling to find acquisition targets, Berkshire Hathaway has used its growing pile of cash to become one of the world’s largest owners of U.S. Treasury bills. This according to a recent article in The Wall Street Journal. As of last September 30, the article points out, Berkshire held $109 billion in cash and, according to CEO Warren Buffett, “nearly all of that was invested in short term bills,” a bigger holding… Read More