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Investing in a Short-Term Treasury Is a Good Idea
The interest rate is just skyrocketing in very very short period of time and it has impacts on all financial markets. Buffett was previously asked about how the cash that Berkshire has is invested in short-term treasuries. I would much prefer to have an expert like Buffett managing the company than any other CEO most CEOs have no experience managing company in times of high inflation. Apple is around 40% above its portfolio so that's around 120 billion dollars and this is a company that's 600 plus billion dollars. Approximately fifth of the market value of Berkshire Hathaway that's Apple stock.