Post #4366 by mungofitch on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Berkshire had $147.4 billion in cash at the end of the second quarter, dangerously close to the $150 billion level Buffett laid out as untenable to shareholders.
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Untenable is a strong word.
The Cash/float ratio was 86% at Q2. The ratio was higher than this from 2018 through 2021 using year-end numbers.

Yes, that was my thought too.
The comment was from almost exactly 6.5 years ago. It's a much bigger company now. Total assets are up about 90%.

"There's no way I can come back here three years from now and tell you that we hold $150 billion or so in cash or more and we think we're doing something brilliant by doing it".
Technically, I suppose one should consider the comment literally--not that they couldn't or wouldn't do it, but that if they did they couldn't claim it was a great move : )

Jim

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