The Most Underappreciated Engine Inside Berkshire Hathaway Isn't the Cash Pile
This company's business model isn't quite as straightforward as you might think.
The Most Underappreciated Engine Inside Berkshire Hathaway Isn't the Cash Pile
Overview
Anyone who owns a stake in Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) may be more than a little frustrated that the company seemingly isn't doing anything with its idle cash. As of the latest look, it's got $397.4 billion on the sidelines, versus only $328 billion in stock holdings, at a time when the market is roaring.
Like predecessor Warren Buffett, though, current Berkshire CEO Greg Abel understands something many investors may not: This conglomerate's structure isn't what it seems on the surface. Its equity investments aren't necessarily the only growth engine.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
