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Warren Buffett has $128 billion in cash and analysts can't figure out why he isn't spending it.


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  • Warren Buffett’s Berkshire Hathaway reported a $128 billion cash balance for the third quarter, up from $122.4 billion in the prior quarter.
  • The company said it repurchased $700 million worth of shares for the quarter, which left some analysts unimpressed.
  • Morgan Stanley said the buyback pales in comparison to the cash pile, while analysts at UBS said they were surprised that the company “has not been more aggressive with share repurchase.”

 

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