Warren Buffett is sitting on $ 143 billion in cash

new York At 91, Warren Buffett still has a lot of patience. The star investor from Omaha and his holding company Berkshire Hathaway once again bought massive amounts of its own shares in the third quarter instead of investing in takeovers.

On the other hand, business operations did not go as well as the analysts expected, partly because of the global delivery bottlenecks. Cash reserves reach new record highs of almost $ 143 billion.

With so much cash, investors have been waiting for the next big hit from Buffett – for years now. But he is convinced that the companies are currently rated too high. And that doesn’t fit into his strategy of buying undervalued stocks in order to make long-term profits. In addition, Buffett today has to compete with well-funded private equity investors and with the new publicly traded investment vehicles Spacs, which are often willing to pay extremely high prices.