A Berkshire Hathaway shareholder wears a Warren Buffett T-shirt at the company’s annual general meeting in the U.S. city of Omaha on May 4.
© AP
HIROFUMI TAKEUCHI, Nikkei staff writer |
OMAHA, Nebraska — Berkshire Hathaway’s cash holdings are at record levels and rising, reflecting the difficulty of finding the kind of value investments that have defined billionaire Warren Buffett’s conglomerate.
“We only swing at pitches we like,” Buffett told shareholders at Berkshire’s annual general meeting here Saturday.
