Wednesday, September 10, 2014

Why Warren Buffett Is Sitting on $55 Billion in Cash

7 Reasons Buffett May Sit on Berkshire's $55 Billion in Cash Bill Pugliano/Getty Images With the recent revelation that Warren Buffett's firm, Berkshire Hathaway, is sitting on a $55 billion pile of cash, financial analysts, pundits and talking heads have had a field day theorizing what the Oracle of Omaha will do with it. However, there are seven reasons that he might not do anything -- at least in the near term. 1. Passive Income

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