Monday June 1, 2020

Buffett’s billion-dollar dilemma: so much money, so little choice

Warren Buffett, the king of investors, has so much cash he doesn’t know what to spend it on. So why is his Berkshire Hathaway vehicle underperforming on the stock market?

10th November, 2019
Warren Buffett, chairman and chief executive of Berkshire Hathaway: the world’s most successful capitalist is facing serious questions about his investing strategy Pic: Danuta Otfinowski

As rich people’s problems go, Warren Buffett’s is extreme. The fabled investor has $128 billion in cash in the bank, and he says he can’t find anything to spend it on. For the fourth year in a row, Berkshire Hathaway, the company he controls, has not made what he calls “an elephant-sized acquisition”. That explains a lot about the limitations of success.

As anybody who follows the stock...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 4 weeks ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 1 month ago

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 months ago