Warren Buffett wants to buy something huge
Aug 25, 2024, 17:05 IST
Warren Buffett 's Berkshire Hathaway, has a stockpile of $90 billion in cash and he wants to "buy a big business," with it.
Buffett was speaking with CNBC's Becky Quick on Squawk Box,
Buffett told Quick that low interest rates actually make having so much cash less exciting. He also revealed that he sold about one-third of his position in IBM after the company failed to meet his expectations.
Here's the full interview, courtesy of CNBC.com:
Click here for a real time Berkshire Hathaway chart.
