Berkshire Hathaway Signals Readiness to Deploy Cash After a Sharp Market Drop
Warren Buffett said Berkshire Hathaway would use its cash if markets fall sharply and added that the company bought $17 billion in U.S. Treasury bills this week.
Summary
No Summary provided as the original text is short
Terms & Concepts
U.S. Treasury bills: Short-term government debt securities issued by the United States, often used by investors and companies to hold cash in low-risk instruments.
Market liquidity: The ability to quickly deploy cash into assets when prices move sharply, an important factor during periods of market stress.