2 Possible Reasons Warren Buffett Shunned His Favorite Stock for the Fourth Straight Quarter, Despite Sitting on $344 Billion in Cash

Buffett is preparing to step down as CEO of Berkshire Hathaway at the end of 2025. Warren Buffett has been the chief executive officer of Berkshire Hathaway (BRK.A 1.10%) (BRK.B 1.17%)since 1965. He oversees a variety of wholly owned subsidiaries like Dairy Queen, Duracell, and GEICO Insurance, in addition to a $293 billion portfolio of publicly traded stocks and securities. Berkshire is also sitting on $344 billion in cash. Buffett and his team would normally deploy this money into new opportunities when t ...