The 24 cash Diaries

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that Buffett is likely holding on to more cash mainly because insurance fees have improved, and "historically, Buffett has said that his enterprise likes to carry cash on its equilibrium sheet to cover prospective insurance plan losses."

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"He likes to fish in troubled waters," Hanke said. "And With all the Fed putting the money supply within a nosedive the likes that We have not witnessed considering the fact that 1933, Buffett is correctly anticipating that troubled financial waters are during the offing. He'll then profitably deploy his cash hoard.

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