thematicpowerballjackpotnumbers: Live broadcast: Buffett's 2024 shareholders 'meeting hits heavily
When asked why Berkshire was not eager to use its more than $180 billion in cash reserves to do morepowerballjackpotnumbersBuffett reiterated that they will not trade for the sake of trading.
Buffett pointed out that holding cash at a 5% interest rate is more comfortable than holding cash at a 1% interest rate, but he also admitted that he would be willing to hold cash at lower interest rates.
"We only swing where we like," Buffett said.
Berkshire's cash reserves increased to 1,889 in the first quarter of this year from $167.6 billion in the fourth quarter of last yearpowerballjackpotnumbers.90 million US dollars, a record high. Buffett previously revealed that he buys three-month and six-month U.S. Treasury bonds every Monday.