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    Shaikh Kaif in News

    27 Feb 05:21 AM


    4,400,000% return and a $168 billion cash pile: Key points from Warren Buffetts letter

    Warren Buffetts Berkshire Hathaway has reached a cash reserve of $167.6 billion, surpassing Uber and Nike. Buffetts return of 4,400,000% outpaces S&P 500s 31,000% since 1965. The companys net assets reach $561 billion. The company has seen a dramatic increase in investment income, attributed mainly to the rising interest rates.