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Home / Business / Warren Buffett takes questions at the 2018 Berkshire Hathaway Annual Meeting

Warren Buffett takes questions at the 2018 Berkshire Hathaway Annual Meeting



Perhaps the most important question for Berkshire is how they will spend all the money.

Berkshire's cash stack continues to grow, reaching $ 116 billion by the end of the year. The number is expected to decline slightly, but remains relatively high when Berkshire reports the first quarter results shortly.

Mr. Buffett confirmed earlier this year in his annual letter that Berkshire is soon under pressure to make a big takeover. Corporate prices are too high for his liking in 2017, he said, "but our smile will broaden as we redeploy Berkshire's surplus funds to more productive assets."

As Berkshire 's subsidiaries continue to collect cash, they are asking for cash. Shareholders will continue to act either for Mr Buffett or for his future successor. Buffett quashed the idea that Berkshire should pay a dividend almost every year and said he could make better use of Berkshire's money by investing it. Shareholders approved a proposal in 201

4 and invited the Board of Directors to consider making a payment. But in recent years, he has suggested that a time could come when Berkshire could no longer find ways to leverage its barhort.

If not a dividend, maybe a more aggressive buyback strategy? Right now, Berkshire has an open buy-back program where it says it will consider buying its own stock when it trades below 120% of its book value. Mr. Buffett told CNBC in February that the threshold could rise in the future.


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