Berkshire Hathaway with new cash record in the middle of the corona crisis

Warren Buffett

The billionaire has so far been reluctant to make large investments during the corona crisis.

(Photo: AP)

Omaha Warren Buffett’s investment company Berkshire Hathaway has once again increased its cash reserves significantly in the corona crisis. In the second quarter, the mountain of money on which the 89-year-old star investor is sitting rose by a good ten billion to the record amount of 146.6 billion US dollars (124.4 billion euros), according to the latest annual report from Berkshire Hathaway on Saturday .

This increases the investment pressure on the stock market gurus, known as “the oracle of Omaha” because of his smell for lucrative investments. The financial markets have long been waiting for Buffett’s next mega takeover. But unlike in previous crises, apart from a major natural gas deal, he held back in the pandemic.

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