Subject: Re: Barron’s piece on Berkshire
I suspect that Buffett was mostly referring to the "base" $50-100B that he wants to keep in cash at all times. That cash will stay in short-term T-bills at any interest rate...
That certainly wasn't my memory of the comments in question, which were about the Apple and BofA sales and the consequently enlarged cash pile. But my memory is fallible and I have no link.
Jim