Warren Buffett’s Berkshire Hathaway just made headlines with its huge investment in U.S. Treasury bills, surpassing even the Federal Reserve’s holdings. In the first half of the year, Berkshire scooped up $230 billion in these low-risk, short-term securities, making it a major player in this investment arena. Despite his usual big bets on stocks, Buffett’s recent move into Treasury bills, coupled with selling off billions in Apple and other stocks, has boosted his company’s cash reserves to a staggering $277 billion. This surprising shift highlights Buffett’s confidence in these safe investments amid uncertain market conditions.
Warren Buffett’s company, Berkshire Hathaway, has a huge amount of money invested in U.S. Treasury bills—$234.6 billion, according to its latest earnings report from the second quarter.
Here’s the scoop:
Berkshire Hathaway has been buying up U.S. Treasury bills, or T-bills, which are short-term investments issued by the U.S. government. In the fir...