Berkshire Hathaway is sitting on $137 billion of cash. However, it lost $50 billion during the 1st quarter of 2020, and will probably lose even more during the 2nd quarter. Warren Buffett couldn't find anything worthwhile to invest in even during the stock market crash. Bill Ackman just sold a $1 billion investment in Berkshire Hathaway because he lost faith in Buffett. Meanwhile, BRK.A stock is dropping like a rock - well, not that much, but it dropped 0.5% today.
Maybe it is time for Warren Buffett to retire? He is 89 years old after all and has lived a very successful life.
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