Buffett's aggressive purchase of US treasuries: Can investors follow the 'Oracle of Omaha's' lead?

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areecep joined discussion · Aug 11, 2023 00:00

Warren Buffett's company bought $10 Billion in Treasury Bills on Monday

Berkshire Hathaway is on track to generate over $500 Million in annualized interest income from this purchase
Berkshire Hathaway keeps its massive cash horde in US Treasury Bills
They buy $10 Billion worth of Treasury Bills each week, using new cash and cash from Bills that have matured
Higher interest rates have been a bonus for its massive insurance float

$Berkshire Hathaway 13F(BK2999.US)$ $Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$ $Bank of America(BAC.US)$ $Citigroup(C.US)$ $S&P 500 Index(.SPX.US)$

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areecep

Some famous words of Buffett. I hope it's useful to you. : )

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