Stocks to Consider During Market Corrections: Berkshire Hathaway
BRK-A Berkshire Hathaway Inc
$813595.00 -0.84%
View chart & analysis → - 1Berkshire Hathaway has a market capitalization of $1.17 trillion.
- 2Berkshire Hathaway's cash, cash equivalents, and U.S. Treasury holdings, minus outstanding purchases as of late June, are approximately $359 billion.
- 3Berkshire Hathaway invested in Goldman Sachs and Bank of America during the 2008/09 financial crisis.
So what's the key point?
Berkshire Hathaway holds a massive amount of cash, approximately $359 billion. This means the company is prepared to invest if the market faces difficulties like during the past financial crisis.
Source The Motley Fool +1 · View original ↗
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