Warren Buffett, the renowned investor, is currently optimistic about Treasury bills, observing their steady interest rates as a stabilizing factor for Berkshire Hathaway amid declining earnings from many of its nearly 200 businesses. The conglomerate's cash reserves have surged past $334 billion, including $286 billion in short-term Treasuries, which have more than doubled from the previous year, partly from selling part of its Apple stake. Despite a net earning decline to $90 billion, Buffett emphasizes favorable operating earnings and remains confident in potentially lucrative future investments while continuing to build up cash reserves.
Warren Buffett expressed optimism about Treasury bills, citing their steady interest rates as stabilizing forces amid declining earnings for many of Berkshire's businesses.
Buffett's Berkshire Hathaway hoarded cash, surpassing $334 billion, with $286 billion in short-term Treasuries, doubling its holdings from the previous year.
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