Buffett: “Not seeing any violation of investment”
How Buffett will deal with the huge cash reserves has always been the concern of the outside world. However, Buffett said at the shareholders meeting: “We did nothing because we did not see anything violated.”According to Berkshire’s latest first-quarter report, as of the end of March this year, the company had a record $ 137 billion in cash and similar tools.Berkshire shareholders have been waiting for Buffett to use some of the cash, especially after the coronavirus caused a significant decline.In the Air Force, Buffett used the reduced opportunity to acquire some companies at a discount.During the 2008 financial crisis, Buffett made special investments in companies such as Bank of America and Goldman Sachs.”We are willing to do something very big.I mean, you can come to me on Monday morning and come up with 30 billion, 40 billion or 50 billion dollars.If we really like what we see, we will do so.”Buffett’s novel.”But for now,” we haven’t seen anything suspected yet. “”Sauna, Ye Wang Gu Zhijuan editor Zhang Bing proofread He Yan