Warren Buffett 'sBerkshire Hathaway, has a stockpile of $90 billion in cash and he wants to "buy a big business," with it, he told CNBC on Friday. Buffett told CNBC's Becky Quick that low interest rates actually make having so much cash less exciting. He also revealed that he sold about one-third of his position in IBM after the company failed to meet his expectations.Here's the full interview, courtesy of CNBC.com: Click here for a real time Berkshire Hathaway chart. Markets Insider NOW WATCH: ...
Warren Buffett 'sBerkshire Hathaway, has a stockpile of $90 billion in cash and he wants to "buy a big business," with it, he told CNBC on Friday. Buffett told CNBC's Becky Quick that low interest rates actually make having so much cash less exciting. He also revealed that he sold about one-third of his position in IBM after the company failed to meet his expectations.Here's the full interview, courtesy of CNBC.com: Click here for a real time Berkshire Hathaway chart. Markets Insider NOW WATCH: ...
Share this Article
Comment on this Article
Recommended
Please to comment