Buffett is shopping for again extra Berkshire inventory this yr after document $25 billion repurchase in 2020
Warren Buffett throughout an interview with CNBC’s Becky Fast on February 24, 2020. It turned out to be one other yr throughout which the billionaire investor shied away from game-changing acquisitions in a dear market even after a sudden market money and as his firm holds an enormous money steadiness.
Gerald Miller | CNBC
Because the coronavirus pandemic roiled markets throughout 2020, Warren Buffett’s Berkshire Hathaway purchased again a document quantity of firm inventory. And the shopping for spree has continued into 2021, based on the conglomerate’s annual letter that was launched Saturday morning.
In the course of the fourth