Warren Buffett says he will deploy cash in stocks, not bonds

Berkshire Hathaway had piled on cash as it cashed some of its massive investments in 2024. Entering 2025, Chairman Warren Buffett has promised to deploy the over $334.2 billion cash, at the end of December 31 in stocks, and not fixed income.

The Omaha, Nebraska-based conglomerate increased its cash pile by over $9 billion in the last three months of 2024 as Buffett sold shares of Apple Inc.

The value of stocks held by Buffett’s investment firm fell by $82 billion to $272 billion in 2024. “Paper money can see its value evaporate if fiscal folly prevails. In some countries, this reckless practice has become habitual, and, in our country’s short history, the U.S. has come close to the edge. Fixed-coupon bonds provide no protection against runaway currency,” Buffett said in the annual report.
Berkshire Hathaway’s operating profit surged 71% in the fourth quarter to $14.5 billion in the three months ended December 2024. You can watch the live updates from the Berkshire Hathaway annual report here.The article will be updated with more details. Please do return soon.