I’ve been wondering how Berkshire Hathaway can keep up with or even beat S&P 500 returns when they hold around 30% cash. It seems like having that much cash would drag down performance, right? Do they just have outperforming subsidiaries that account for the difference, or is it all about Warren Buffet's market timing? How do they pull this off?
I thought Apple was the reason they were able to match market returns while holding value companies like railroads and insurance, but if anyone knows the exact reason why I'd like to know.
Submitted October 01, 2024 at 03:33AM by myatenshi https://ift.tt/A1NeWxl
