Buffett: Berkshire Hathaway is expected to hold $200 billion in cash at the end of June, and Apple will remain a long-term investment

PANews reported on May 4 that according to Jinshi, Buffett said at the 2024 Berkshire Hathaway shareholders meeting that it is safe to assume that Berkshire Hathaway's cash holdings will reach US$200 billion by the end of June. Efforts will be made to reduce the number of shares when appropriate. Buffett said that we will still hold shares of Apple, Coca-Cola and American Express for a long time. By the end of 2024, Apple will most likely still be the largest stock held by Berkshire Hathaway. Unless something major happens, Apple will continue to be Berkshire's largest investment in the stock market. Relative to the available funds in the stock market and conflicts around the world, holding a large amount of cash is "quite attractive." If Berkshire takes major action, it is very likely to happen in the United States.