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Why Warren Buffett prefers cash

The company has $150bn in cash and shortish-term bonds on hand, enough to buy either Goldman Sachs or Lockheed Martin outright

©The Financial Times Limited 2020 May 8, 2023 / 12:49 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
Warren Buffett’s Berkshire Hathaway sold billions of dollars worth of stock and invested little money in the US equity market. (File image)
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