Hacker News Reader

Even Warren Buffet always keeps at least something like a fifth of his investments in cash. Otherwise how the hell are you going to buy low?

View on HN

Should be noted that a significant portion of Berkshire Hathaway's usual cash pile is not for deal making, but as a backstop for their large insurance portfolio.

I would imagine though that he is also very often selling / buying so that hes not just sitting on a pile of cash for months at a time?

See reverse repos.

Reply on news.ycombinator.com