Why is Berkshire Hathaway sitting on $137B in cash? (opens in new tab)

(eachlist.com)

6 pointssunnykgupta5y ago5 comments

5 comments

Because they are waiting for and most likely predicting a bloodbath in terms of crashing stocks..and then they will buy what's left at a fraction of what it's worth.

sunnykguptaOP5y ago

They finally bought Dominion Energy Inc's assets for a whooping 9.7 Billion announced over the weekend.

stepstop5y ago

This article only has a few sentences, and it doesn't answer the question. The headline is the information

sunnykguptaOP5y ago

Agreed, though the fact conveyed by the title itself was a surprise to me.

Why would a company keep such a large amount of cash in hand? Especially when we saw a big enough dip in many scrips. Tech has more than recovered.

I am an author for the technology blog on this website.

mtmail5y ago

HN profile points to a blog, which points to a linkedin page for Sunny R Gupta. Twitter user Sunny R Gupta is the only follower of the website's account. Also an author on the website https://eachlist.com/members/sunny_r_gupta/ Meanwhile the author of the article Stella Dankworth uses a profile image that I can find as stock photo on hundreds of websites. What I'm trying to say is the title is likely not a surprise to the user.

j / k navigate · click thread line to collapse

5 comments

sacks2k5y ago

Because they are waiting for and most likely predicting a bloodbath in terms of crashing stocks..and then they will buy what's left at a fraction of what it's worth.

sunnykguptaOP5y ago

They finally bought Dominion Energy Inc's assets for a whooping 9.7 Billion announced over the weekend.

stepstop5y ago

This article only has a few sentences, and it doesn't answer the question. The headline is the information

sunnykguptaOP5y ago

Agreed, though the fact conveyed by the title itself was a surprise to me.

Why would a company keep such a large amount of cash in hand? Especially when we saw a big enough dip in many scrips. Tech has more than recovered.

I am an author for the technology blog on this website.

mtmail5y ago

j / k navigate · click thread line to collapse