Since the 1980s, Warren Buffett has become a lender of last resort for companies. The vast cash pile he presides over at Berkshire Hathaway puts the conglomerate in the perfect position to play this role. Berkshire’s clean balance sheet means it can move quickly whenever an opportunity presents itself. It’s helped by the fact Buffett is the major decision-maker at the corporation, removing the need for lengthy consultations or meetings to decide whether or not to invest. Q2 2023 hedge fund letters, conferences and more Berkshire’s Qualities as a Lender Buffett started lending Berkshire’s money in this way in the…
The Real Reason Warren Buffett Loves Oil And Gas
Rupert Hargreaves
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk
