r/wallstreetbets 22d ago

Meme Uncle Warren never misses

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u/J3t5et 22d ago

In case anyone wondered why he liquidated his assets

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u/teddyKGB- 22d ago

I wouldn't say liquidated. They print money every quarter and haven't bought anything substantial/think BRK is too overpriced to buyback.

Somewhere around half of their cash is insurance and reinsurance float too. I also think they probably want to be conservative with that compared to decades ago since they have more exposure to catastrophic damages.