- Warren Buffett and Charlie Munger may be hoarding cash in case they get sick and need to reassure investors, Bill Smead told Yahoo Finance this week.
- “When one of them has a medical malady, they’ve got that bazooka loaded to buy back Berkshire Hathaway stock if people panic,” said the founder and investment chief of Smead Capital Management.
- Berkshire boasted $128 billion in cash and liquid assets at the end of September, a 15% increase from the end of 2018.
- View Business Insider’s homepage for more stories.
Warren Buffett may be hoarding cash in case he’s hospitalized and needs to reassure his read more >>>