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Berkshire cash sets record as profit rises, signaling caution ahead of Buffett exit
Yahoo Finance·2025-11-02 00:17

By Jonathan Stempel (Reuters) -Berkshire Hathaway signaled on Saturday that it remained cautious about markets, letting cash swell to a record 381.7billionevenasprofitrose,initslastfinancialreportbeforeWarrenBuffettbowsoutaschiefexecutive.Fora12thstraightquarter,Buffettsconglomeratesoldmorestocksthanitboughtforits381.7 billion even as profit rose, in its last financial report before Warren Buffett bows out as chief executive. For a 12th straight quarter, Buffett's conglomerate sold more stocks than it bought for its 283.2 billion equity portfolio, whose holdings include Apple and American Express. Berkshire also did not repurchase any of its own stock, the fifth straigh ...