Warren Buffett’s Berkshire Hathaway reported earnings this past weekend, including a 40 percent increase in operating earnings. Wise minds can and will debate the good or bad of the report. What makes a market a market is a multitude of opposing views.
What's being commented on here is the report that Berkshire has $157 billion in cash on its books. This is worth thinking about with the mythical “money multiplier” top of mind.
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