Aug. 8 at 3:46 PM
Warren Buffett may finally be putting Berkshire’s cash to work.
After 14 straight quarters of building its cash pile, Berkshire appears to be shifting from defense back toward offense.
Here’s what stands out:
•
$19.8B net equity purchases in Q2
•
$23.5B of equity securities bought vs. only
$3.7B sold
• Cash and equivalents still sit at roughly
$364.7B
• Berkshire invested about
$10B in
$GOOGL
• Also agreed to acquire Taylor Morrison Home for
$6.8B
The message is simple:
Buffett spent years waiting for opportunities.
Now Berkshire is starting to deploy capital aggressively.
If this marks the beginning of a broader re-risking cycle, the market should pay very close attention.
Berkshire may be turning bullish again.