Subject: Re: War, currencies and jurisdictions
" Berkshire's massive cash hoard (over $180 billion as of early 2025) positions it uniquely to make significant acquisitions or invest in undervalued public companies if the S&P 500 experiences a major "fracture." In such a scenario, Berkshire's stock could hold up significantly better than the broader market, and potentially even rise as it deploys its capital shrewdly."
Thanks for sharing that but why get the cash so wrong?