Warren Buffett Just Hit the Buy Button for $563 Million. Is the Oracle of Omaha Starting to See Value in the Stock Market?

Warren Buffett's company Berkshire Hathaway (BRK.A 0.80%) (BRK.B 0.95%) has been stockpiling cash all year. At the end of the third quarter of 2024, Berkshire had over $320 billion of cash and short-term Treasury bills.Many see this as a deafening warning to investors that the market, which has set 57 all-time highs and topped 6,000 for several periods this year, is due for a pullback sooner rather than later. Recently, however, Buffett and Berkshire scooped up $563 million of stock in three companies, disc ...