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Warren Buffett Reflects on 60 Years Leading Berkshire, Highlights Record Cash Reserves

  • Warren Buffett celebrated the successes of Berkshire Hathaway in his annual letter to shareholders, reflecting on 60 years since he transformed the company from a struggling textile firm into a massive conglomerate.
  • Buffett highlighted that Berkshire now holds $334.2 billion in cash, almost double last year's amount, thanks to successful sales of stocks and ongoing profits from subsidiaries.
  • Buffett confirmed he has no plans to offer a dividend, believing reinvesting funds will yield better returns.
  • In his letter, Buffett urged the government to manage funds responsibly, addressing him as 'Uncle Sam' and emphasizing the need to care for those in need.
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CWEB.com - Trending News, Business News, Shopping Deals, Videos broke the news in on Thursday, February 20, 2025.
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