“Warren Buffett (pictured), who aims to have $20 billion in cash at his Berkshire Hathaway (BRK.A), isn’t investing fast enough to keep money from piling up. Even in a year in which the company has struck some of its largest deals and accelerated capital spending, Buffett still needs to find acquisitions. Buffett, Berkshire’s chairman and chief executive officer for more than four decades, has said he likes to keep $20 billion on hand should the reinsurance operations need to pay large claims. Having additional cash allows him to make big investments when others are fearful.”
http://money.msn.com/top-stocks/berkshire-has-more-money-than-it-can-handle
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