📰 Berkshire Hathaway purchased $10 billion in US Treasury bonds this past Monday.
"We acquired $10 billion in Treasury bonds on Monday. And the only question for the next Monday is whether we'll buy $10 billion in 3 or 6-month Treasury bonds," Buffett told CNBC.
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Risk free
Inflation proof
Guarantee returns
Is like having a money photocopier!
They don't know what to do with all that money.
Single handedly bailing out the fed
Berkshire Hathaway is a traditional investment company, so buying Treasury bonds is still considered "safe."
The company has built itself on great ideas, but is very conservative. As long as Buffett and Munger are alive, they will never rock the boat with outlandish investments.
This can also be posturing because so many investors mimic Buffets actions.
