According to PANews, Buffett said at the 2024 Berkshire Hathaway shareholders meeting that Berkshire Hathaway's cash holdings will reach $200 billion by the end of June, and will work to reduce the number of shares when appropriate. He also said that Berkshire Hathaway will hold shares of Apple, Coca-Cola and American Express for a long time. By the end of 2024, Apple will most likely still be Berkshire Hathaway's largest stock, and unless something major happens, Apple will continue to be Berkshire's largest investment in stocks. Buffett believes that holding a large amount of cash is "quite attractive" relative to the available funds in the stock market and conflicts around the world. If Berkshire takes major action, it is very likely to happen in the United States.
