Warren Buffett just hit the buy button on $563 million. Is the Oracle of Omaha starting to see value in the stock market? | 26.12.24

Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been hoarding cash all year. At the end of the third quarter of 2024, Berkshire had more than $320 billion in cash and short-term Treasury bonds. Many see it as a deafening warning to investors that the market, which has hit 57 all-time highs and topped 6,000 for several periods this year, is due for a pullback sooner rather than later. However, recently Buffett and Berkshire acquired $563 million worth of shares in three companies, disclosures Berkshire had to make because it already owns more than 10% of the shares in each of them. Are Buffett and Berkshire starting to see value in the stock market?Continue readingMore articles on MotleyFool More articles on MotleyFool