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Berkshire close to holding record US$100b in cash

The growing cash pile is a sign of Mr Buffett's willingness to wait for the right opportunities. In the past, he has pounced when firms run into trouble, making investments on favourable terms.


IT'S a milestone Warren Buffett probably wishes he weren't approaching.

Berkshire Hathaway Inc, the conglomerate he's run for more than five decades, reported on Friday that it held just shy of US$100 billion in cash at the end of the second quarter.

While that...

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