Berkshire is making bank on bonds, and its $168 billion cash pile is worth more than Uber or Nike.
Assets aplentyBerkshire held $561 billion of net assets at the end of December, a 19% increase from a year earlier.
Berkshire's $1 trillion-plus of assets included $354 billion of stocks, $178 billion of property and equipment, $130 billion of Treasury bills, and $24 billion of inventories.
That figure is larger than the value of General Electric ($167 billion), Comcast ($166 billion), Uber ($162 billion), Nike ($160 billion), Walmart ($159 billion), American Express ($156 billion), or Pfizer ($155 billion).
The upshot is that on December 31, Berkshire held $354 billion of stocks, and $168 billion of cash and other short-term investments — a ratio of nearly 2:1.
Persons:
Warren Buffett's, Buffett, —, Warren Buffett, you'd, Cash, Treasuries, Charlie Munger
Organizations:
Berkshire Hathaway's, Nike, Service, Berkshire Hathaway, Berkshire, aplenty, Berkshire's, Electric, Comcast, Walmart, American Express, Pfizer, Federal Reserve
Locations:
Berkshire, aplenty Berkshire, Omaha