A Little Insight Into Berkshire Hathaway's Cash Horde -- March 2, 2023

For 4Q22 and full year guidance for 2023 for Berkshire Hathaway, this is where that is being tracked. 

One of the criticisms has been that Buffett and Munger are building a cash horde but not putting that cash to work, as they say.

This article provides a bit of insight.

This explains a lot:

Berkshire Hathaway — and every other major name in finance — is somewhat limited in what it can do. By law, major financial institutions and billionaire investors can’t buy more than 5% of a company without submitting a 13-D filing as a beneficial owner to the Securities and Exchange Commission and all of the headaches that come with it.

This essentially shuts Buffett out of the world of microcap investing — unless Berkshire Hathaway decides to jump through those regulatory hoops. And even if the company chose to do so, and uncovered a 10 times opportunity, the upside would be barely noticeable to Berkshire Hathaway. If a $2 million stake turned into $20 million, that wouldn’t move the needle for a company that collects hundreds of millions of dollars in dividends each year from its stake in Coca-Cola alone.

In addition, Buffett does not do hostile takeovers. That's also huge. 

Now, think about that. If you are a 30-year-old investor, how should this affect your investing strategy?