Warren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.

Warren Buffett Breaks 6-Year Streak Of Berkshire Hathaway Stock Buybacks, Say 'It's Too Expensive'

Berkshire Hathaway CEO Warren Buffett recently ended a six-year streak of stock buybacks for the company. While the company regularly participates in stock buybacks, it did not do so during the third quarter, according to Securities and Exchange Commission filings. Despite having over $325 billion in cash reserves, Buffett opted not to use that cash to buy back shares, suggesting that he believes the stock is too expensive. Don't Miss: This Adobe-backed AI marketing startup went from a $5 to $85

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8 hours ago