Berkshire Hathaway's Q3 2024 results reveal a record cash hoard of $325.2 billion, highlighting the company's struggle to find investment opportunities amidst rising interest rates.
Warren Buffett's holding company continues to divest from Apple, having sold over 600 million shares, reducing its stake from over 40% to 22.8% in the portfolio.
The author suggests three proactive strategies: target the middle market through spinoffs, divest underperforming businesses, and let dividends fuel wealth creation for Berkshire Hathaway.
Berkshire's investment in Occidental Petroleum showcases the value of preferred shares, with an 8% annual return on its investments, reinforcing the potential for significant future gains.
Collection
[
|
...
]