Berkshire Hathaway’s 2nd-quarter earnings reveal that Warren Buffett is facing challenges in discovering bargains.

According to Berkshire Hathaway’s earnings report, Warren Buffett encountered limited opportunities for bargains in the second quarter. The investor’s company offloaded a net total of $8 billion in stocks and allocated merely $1.4 billion for buybacks. As a consequence, Berkshire’s cash reserves surged by 13%, reaching an impressive near-record of $147 billion. Warren Buffett faced …

Berkshire Hathaway’s 2nd-quarter earnings reveal that Warren Buffett is facing challenges in discovering bargains. Read More »