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Divine Intelligence, etc

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Buffett's Three Takeaways From 2023 Berkshire Hathaway Annual Shareholders Meeting

Berkshire Hathaway has nearly $130 billion in cash and treasury bills on its balance sheet. Warren would prefer to do a deal with a private company than a more complex transaction with a publicly traded firm, but there just aren't that many private businesses of that scale available. Buffett's tone is much more dampened than it normally has been. And you know, and even Buffett feels the grind. That's my interpretation.

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