Berkshire Hathaway's cash balance rises to $167B in 2023, plus what it means for future deals

In Berkshire Hathaway's (BRK-A, BRK-B) first letter to shareholders since Vice Chair Charlie Munger's death in November 2023, Chairman and CEO Warren Buffett reported record annual profits and fourth-quarter cash balances.
Morningstar Senior Stock Analyst and Strategist Greggory Warren joins Yahoo Finance Live to discuss the biggest takeaways from Berkshire Hathaway's fourth-quarter earnings figures.
"We've been a little bit less concerned about that cash balance creeping up past $150 billion than we thought we would be, but that's because they're earning a lot on that right now," Warren says. "From that perspective, it's an interesting period for Berkshire right now and it has been for a number of years, because they've just not been able to find good enough deals to put the money to work in."
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