In Berkshire Hathaway's (BRK-A, BRK-B) first letter to shareholders since Vice Chair Charlie Munger's death in November 2023, Chairman and CEO Warren Buffett reported record annual profits and fourth-quarter cash balances.
Morningstar Senior Stock Analyst and Strategist Greggory Warren joins Yahoo Finance Live to discuss the biggest takeaways from Berkshire Hathaway's fourth-quarter earnings figures.
"We've been a little bit less concerned about that cash balance creeping up past $150 billion than we thought we would be, but that's because they're earning a lot on that right now," Warren says. "From that perspective, it's an interesting period for Berkshire right now and it has been for a number of years, because they've just not been able to find good enough deals to put the money to work in."
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X:   / yahoofinance  
Instagram: https://www.instagram.com/yahoofinanc...
TikTok: https://www.tiktok.com/@yahoofinance?...
Facebook:   / yahoofinance  
LinkedIn:   / yahoo-finance