Overview
- Warren Buffett told CNBC on Tuesday that he still comes to the office daily, makes investing calls, and recently made one “tiny” purchase, while coordinating decisions with CEO Greg Abel and investment chief Mark Millard.
- Buffett disclosed buying about $17 billion of U.S. Treasury bills this week and said Berkshire held more than $370 billion in cash and near-cash at the end of 2025, showing a preference for safe, liquid assets.
- He said Berkshire sold Apple stock too soon and would buy more only at lower prices, noting Apple remains the company’s largest holding at roughly $62 billion and has generated over $100 billion in pre-tax gains.
- Buffett downplayed the recent market drop as small next to past declines of more than 50% and said Berkshire would put cash to work only if prices fall far enough to offer clear value.
- Separate coverage has reported a large Berkshire stake in Chevron, which awaits confirmation in regulatory filings, and Buffett said he will restart his charity lunch with help from Steph and Ayesha Curry.