Buffett's Berkshire Hathaway profits increase 45% despite near-record cash pile

Lauren Mason
clock • 2 min read
Buffett's Berkshire Hathaway profits increase 45% despite near-record cash pile

‘Sage of Omaha' Warren Buffett's $173bn Berkshire Hathaway saw operating profits of $7.3bn during the final three months of 2021, despite sitting on an historically high cash pile of $146.7bn. The results, which were driven by strong returns from Buffett's utility holdings and BNSF Railway, mark a 45% uptick compared to the same time period during the previous year, although Buffett by his own admission has found "little that excites us" in terms of where to allocate the rest of his capita...

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