People often report the nominal amount of cash that Berkshire $BRK.B has, as though Buffett is hoarding cash.

You can't just look at the nominal cash level. All of Berkshire's numbers go up. An insurer needs a lot of liquidity. His cash as a % of his assets is in a normal range. pic.twitter.com/OwJ9b89RKN

— Lyn Alden (@LynAldenContact) May 4, 2024