Olumnel4image text translation
UIVE
Buffett sells stocks and gets 449 trillion won in cash
449 trillion won, unable to find an investment destinationimage text translation
News4
LIVE
SHAREHOLDERS
Berkshire Hathaway
2018 Annual Shareholders Meeting
Berkshire’s cash holdings amount to 449 trillion won.
Uelciwl
e Inc:image text translation
S! billion; Bank of America Corporation
841.
billion; The Coca-Cola Company
825.3 billion and Cherro
Newsn
Net Unreal/ed
Cosl Husis
Glitis
Hlus
model3l 2023*
Banks insurance and finance
27.136
51.176
78312
Corsurner products
34,.248
166,893
201,1-3
Commcrcials industrial ind other
48.032
26.355
74387
IOO,416
244,426
333.92
Approximuteli’ 79″ oihe uggreyutc
Vulie ICA
concentrated’ated in five companies ( Amleric(n Express Compny
S28.4 billion;
Apple Inc.
8174.3 billion; Bank Lee lmericu Corporation
834,8 billion; The Coca-Cola Company
S23.6 billion and Chevron
Corporation
818.8 hillion)
2019
we invested $10 billion in non-Voting Cumnulative Perpetual Preferred Stock of Occidental Petroleum Corporation
(rOccidental””
and in Occidental cotrnon stock warrants D)uring 2022
we
began acquiring common stock of Occidental Our aggregate
intcrest in Occidental common stock cxceeded 20″0 0I1 August
2022
andl We adopted the cquity mnethod as Of that date Ses
Nole 6.
Our investments in Lhic Occidental prcferred stock and Occidental corninorl stock warrants are recorded at fair value withuin
Commercial, industrial and other il the tables above Such investients are no in-substance comnon stock under GAAP and are nor
“eligible for the cquity method
The Occidental preferred stock accrues dividends at 8″0 per annum ind is redeemable at the option of Occidental commencing in
2029 al & redemption price cqual to 10)30 OF thc liquidation value plus any accumulated and unpaid dividends
A; of June 30
MLulwMl
Valilt’
“nntow
hillion
hich
relicled
Apple shares reduced again by 2596
June”
yoring
449 trillion won, unable to find an investment destinationimage text translation
News
IIXA
Buffett Cash Reserves
Unit: Won
Weren Buffett
our country’s budget
V
Approximately 449 trillion
Approximately 656 trillion
7096 level
Source: Berkshire Hathaway Ministry of Strategy and Finance: This year’s nest-funded budget
buy _
449 trillion won, unable to find an investment destinationimage text translation
News^
paper
But I can’t find a suitable investment place.
newsimage text translation
‘I have no intention of investing’ Buffett buys 449 trillion won
Sangbo maximum cash holdings (Sangbo)
Entered 2024.71.04. 8.13 am
Modified 2024.71.04. 8.74 am
Original text of article
Reporter Park Hyeong-ki
0O
6
Comment
all))
gaga
[cow
neuL
Weren Buffett C Reuters-News7 C News7 Reporter Jeong Hee-jin Intaek
Article 449