Berkshire Hathaway Builds Record Cash as Buffett Era Nears End

In its latest financial report, Berkshire Hathaway disclosed cash reserves of approximately US$381.7 billion—its highest-ever level—even as net profit rose. The build-up signals caution from its management team as the end of the Warren Buffett era approaches. Analysts view the enormous cash pile as both a vote of confidence in future opportunities and a hedge against market volatility and uncertainty about succession.