Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings at Chief Executive Officer Warren Buffett’s conglomerate surged 34%.
Buffett's Berkshire Hathaway cash pile soars to $382 billion | Fortune
For the fifth straight quarter, the firm declined to buy back its own shares, even after sliding 12% since May, when Buffett said he would step down as CEO by year's end.
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