What you can learn from Warren Buffett's $100 billion problem

in #money8 years ago

CNBC
Emmie Martin
August 11, 201714

What you can learn from Warren Buffett & apos;s $100 billion problem

David A. Grogan | CNBC. Yes, it is possible to have too much money.

Billionaire investor Warren Buffett is on the verge of an unusual dilemma. Berkshire Hathaway, the holding company he took over in 1970, has just under $100 billion in cash on its hands as of the end of the second quarter, Bloomberg reports. While it shows the immense success of the businesses Berkshire has acquired over the years, that fortune could be working much harder for the company: It could double or triple in value if invested well .

Read More: https://finance.yahoo.com/m/e9912276-b38b-3219-909f-812ffe96294b/what-you-can-learn-from.html

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Money brings trouble

Just think how many bitcoins you could buy with $100 billion. Actually he should buy the new Chinese cryptocurrencies NEO. Thanks for your generosity.

Yeah its true, the fortune Berkshire has acquired will obviously increase in value in the coming years.

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