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Warren Buffett loses $19 Million in value EVERY DAY on his cash pile (6.2% inflation less 1.6% treasury yield).

Warren Buffett loses $19 Million in value EVERY DAY on his cash pile (6.2% inflation less 1.6% treasury yield).



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  1. tldr; Berkshire Hathaway’s cash pile hit new heights at $149.2 billion in the third quarter, surpassing a record set in early 2020, the company said in its earnings report. The fresh high came even as Buffett poured more money into buying back its own stock with $7.6 billion of repurchases in the period. Buffett has struggled with a high-class problem of having too much money

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. He does this when he thinks (or rather knows since historically he was always right about this) the market is overvalued and waiting for a correction so that he can deploy his cash to scoop up companies cheaply. Just the money he made on Goldman alone during the financial crisis is worth losing small amounts of money due to inflation.

  3. This assumes that inflation impacts the price of all assets equally, which it doesn’t. If Warren was spending his cash on consumer goods then it would be more accurate, but he isn’t.

  4. [source](https://www.investors.com/etfs-and-funds/sectors/sp500-companies-stockpile-1-trillion-cash-investors-want-it/)
    S&P 500 Companies With The Most Cash
    Cash and investments as of end of 2020, financial sector excluded

    Company (Ticker) Cash ($ billions) % cash Dividend Sector

    Apple (AAPL) $190.5 6.9% 0.6% Information Technology
    Alphabet (GOOGL) 168.5 6.1 0.0 Communication Services
    Microsoft (MSFT) 137.0 4.9 0.7 Information Technology
    Amazon.com (AMZN) 86.2 3.1 0.0 Consumer Discretionary
    UnitedHealth Group (UNH) 68.6 2.5 1.3 Health Care
    Meta Platforms (FB) 64.8 2.3 0.0 Communication Services
    Chevron (CVX) 47.1 1.7 4.7
    Intel (INTC) 41.6 1.5 2.8 Information Technology
    Exxon Mobil (XOM) 41.2 1.5 5.5 Energy
    Anthem (ANTM) 39.5 1.4 1.0 Health Care
    Oracle (ORCL) 39.3 1.4 1.4 Information Technology
    Coca-Cola (KO) 36.2 1.3 3.0 Consumer Staples
    Ford Motor (F) 36.0 1.3 2.0 Consumer Discretionary
    CVS Health (CVS) 35.2 1.3 2.1 Health Care
    Walmart (WMT) 34.3 1.2 1.5

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