Warren Buffett’s Giant Pile of Cash | Bloomberg View


Current company valuations, especially in the tech sector, are OK for buyers who themselves have overvalued stock,

but not for long-term investors such as Buffett or cautious corporate managers such as Apple’s Tim Cook.

There simply aren’t enough big acquisition targets available at acceptable prices to deplete the cash piles.

via Warren Buffett’s Giant Pile of Cash – Bloomberg View.

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