Post #8095 by sykesix on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Consider what the debasement of the USD has cost BRK the last few years. 30% of 150B (cash position) is 45B.

You don't think the Chairman keeps that $150B in a shoebox under the bed, do you? It is mostly in short term treasuries, which currently earn about 5%.

FWIW, Bitcoin has lost about 12% of its value in less than a month. That's hyperinflation territory. And before you say "zoom out" Bitcoin has had periods of both hyperinflation and hyperdeflation. Everyone is worried about 5% annual inflation. Bitcoin can inflate or deflate by 5% in a day. You can't run a business if you can't reliably estimate the future value of your cash. The volatility makes it a non-starter.

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