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  HOME PAGE 23/12/2024 18:54 
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The world-famous billionaire couldn't find a place to spend his money.

The world-famous billionaire couldn't find a place to spend his money.

23.12.2024 14:30

World-renowned billionaire Warren Buffett is entering 2025 with the largest cash reserve in the history of Berkshire Hathaway. The 94-year-old billionaire is stepping into the new year with a savings of $325 billion (approximately 11 trillion 446 billion TL), raising questions about why Buffett is keeping his wealth in cash.

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The cash reserves of Berkshire Hathaway, led by world-renowned billionaire Warren Buffett, have reached the highest level in the company's history. Since 1965, Buffett, who has transformed the company into a global giant, is known for carefully evaluating investment opportunities in the markets.

IS THE LACK OF ATTRACTIVE OPPORTUNITIES A FACTOR?

According to experts, the main reason for Buffett's massive cash accumulation may be the overvalued stocks and the lack of investment opportunities in the market. The 'Buffett Indicator', which is the ratio of the total market value of U.S. stocks to GDP, has reached an all-time high of 209%. Bill Stone, Chief Investment Officer at Glenview Trust Company, stated, "Behind Buffett's cash accumulation is the situation of overvaluation in the market and the inability to find quality companies at reasonable prices."

RECORD SALES IN 2024

Berkshire Hathaway made $133 billion in sales from shares of major companies like Apple and Bank of America in 2024. Despite these sales, the company's shares gained 27% in 2024, marking the highest performance since 2021.

PREPARATION FOR NEW INVESTMENTS?

Buffett's strategic move is interpreted as a sign of preparation for a major acquisition. Analysts believe that this massive cash reserve could be used for investments in companies or sectors that are struggling during economic crises. Additionally, this situation could be an important test for Buffett's successor, Greg Abel.

OCCIDENTAL PETROLEUM INVESTMENT

Berkshire Hathaway increased its stake in the U.S.-based energy company Occidental Petroleum by purchasing 8.9 million shares for $405 million, raising its ownership above 28%. This acquisition once again demonstrated Buffett's interest in the energy sector.

FUTURE PLANS REMAIN UNCERTAIN

Berkshire Hathaway's growing cash reserves make the company flexible against uncertain economic conditions. However, what Buffett's next big move will be remains a topic of curiosity. Investors and market experts are closely monitoring the motivation behind Buffett's strategy.



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