Berkshire Hathaway's colossal cash reserve surpassed the $300 billion mark in the third quarter.
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00:00Berkshire Hathaway's colossal cash reserve surpassed the $300 billion mark in the third quarter.
00:07Warren Buffett, the company's chairman, continued his stock-selling spree while refraining from repurchasing shares.
00:13By the end of September, Berkshire Hathaway's cash fortress reached a record-breaking $325.2 billion.
00:21The Oracle of Omaha has been steadily selling major portions of its top holdings, particularly Apple and Bank of America.
00:29Berkshire Hathaway reduced its Apple stake by about 25 percent, marking the fourth consecutive quarter of cuts,
00:36while offloading more than $10 billion of Bank of America shares since mid-July.