[https://www.cnbc.com/2023/08/07/berkshire-hathaway-rises-as-investors-cheer-strong-earnings-and-buffetts-near-record-cash-stockpile.html](https://www.cnbc.com/2023/08/07/berkshire-hathaway-rises-as-investors-cheer-strong-earnings-and-buffetts-near-record-cash-stockpile.html)

Don’t fall for the “BERKSHIRE HAS NO OPPORTUNITIES” FUD. The cash pile is consistent with the insurance float, meaning investors can earn the treasury rates+underwriting profit on excess cash

$SCHD

Berkshire's solid performance in insurance helped offset the softness in railroad due to lower volumes.

https://www.cnbc.com/2023/08/07/berkshire-hathaway-rises-as-investors-cheer-strong-earnings-and-buffetts-near-record-cash-stockpile.html

Berkshire shares hit all-time high as investors cheer strong earnings, Buffett's near-record cash pile

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