巴菲特成美国第四大债主,每年坐收数十亿利息
Jin Shi Shu Ju·2025-05-12 07:16

Core Insights - Warren Buffett emphasizes that the significant cash equivalents held by Berkshire Hathaway will eventually be deployed, but the right opportunities have not yet arisen [2][3] - Berkshire Hathaway has become the fourth largest holder of U.S. Treasury securities, with its holdings accounting for approximately 5% of the entire U.S. Treasury market [2] - The company's U.S. Treasury holdings have more than doubled over the past year, reaching $314 billion as of March 31, which represents 5% of all outstanding short-term government bonds [2] - Berkshire's holdings now exceed those of foreign banks, the Federal Reserve, local government investment funds, offshore money market funds, and stablecoins [2] - Buffett regularly purchases U.S. Treasury securities at weekly auctions, sometimes increasing his holdings by as much as $10 billion in a single transaction [2] - Despite a decline from last year's high interest rates, yields on U.S. Treasury securities with maturities between one month and one year remain above 4%, generating billions in interest income for Berkshire's bond portfolio [2] - During a recent annual meeting, Buffett reiterated his confidence that the cash equivalents will be properly allocated in due time, stressing the importance of patience in waiting for the right opportunities [2][3] - Buffett indicated that Berkshire was close to investing $10 billion recently but ultimately decided against it, highlighting the challenge of finding reasonably priced assets [3] - He stated that when meaningful investment opportunities arise that are understandable and offer good value, making investment decisions is not difficult [3]