Subject: Re: Buffet paid $407/B share
"Maybe Buffett is embarrassed at still holding over $150 billion in cash??? ;-)"
more like more than $170 billion
Yeah, I think so.
I was remembering him saying this:
“There’s no way I can come back here three years from now and tell you that we hold $150 billion or so in cash or more, and we think we’re doing something brilliant by doing it."
It was at the 2017 AM, and $150 billion ain't what it used to be!