Warren Buffett Favors 5% Treasury Bills Over Buybacks As Berkshire Hathaway's Cash Pile Balloons To $334 Billion: 'The Rate Of Change… That's Most Telling,' Says Expert

Berkshire Hathaway's share repurchases have dropped dramatically as Warren Buffett appears to prefer 5% Treasury bills over buying back company stock. Berkshire’s buybacks fell to $2.9 billion in 2024 from $9.2 billion in 2023 and $7.9 billion in 2022, Bear Traps Report founder Lawrence McDonald noted on Sunday on X. This decline comes as the conglomerate’s cash reserves have surged nearly 300% since 2022, reaching $334 billion by 2025.