Why Warren Buffett's record-breaking cash stockpile should have investors very worried

Getty Images / Bill Pugliano

• Warren Buffett's Berkshire Hathaway had $111 billion of cash on its balance sheet at the end of last quarter, the most in the company's history.
• This is an ominous sign for the health of the market, and suggests that Berkshire Hathaway views it as overvalued and overly expensive.

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As merger and acquisition (M&A) activity has roared, Warren Buffett and his investing colleagues at Berkshire Hathaway have stayed on the sidelines.

That means they missed out on an M&A bonanza that saw a record-breaking $2 trillion in deals through mid-May. But it also means Berkshire Hathaway has set a record of its own: It now has the biggest cash balance in the firm's storied history.

See the rest of the story at Business Insider

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See Also:

• Warren Buffett's Berkshire Hathaway now owns a whopping $50 billion-plus stake in Apple, its largest in any single company
• The stock market is seeing abnormally large moves this earnings season — Goldman Sachs explains why, and how traders can capitalize
• Goldman Sachs has discovered a ticking time bomb in the stock market that will make the next crash even worse — here's how it says traders can protect themselves

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from Business Insider https://ift.tt/2KyGndD