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Bloomberg - Buffett's Cash Pile Soars as He Backs Off Equity Rally

Bloomberg - Buffett's Cash Pile Soars as He Backs Off Equity Rally

  • TV-G
  • 2019
  • 2mins
Aug.05 -- Warren Buffett's Berkshire Hathaway Inc. sold $1 billion more worth of stocks than it bought last quarter bushing his cash pile to $122 billion. Bloomberg's Sonali Basak reports on Bloomberg Daybreak: Americas. Rick Rieder global chief investment officer of fixed income at BlackRock joins the conversation.