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RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 4 months ago

Warren Buffett holds enough cash to buy 476 companies in the S&P 500

www.mitrade.com

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Warren Buffett holds enough cash to buy 476 companies in the S&P 500

www.mitrade.com

RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 4 months ago
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Warren Buffett holds enough cash to buy 476 companies in the S&P 500 at current values
www.mitrade.com
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Warren Buffett has stacked up so much cash at Berkshire Hathaway, he could straight-up buy the bottom 476 companies in the S&P 500 right now. His cash pile is sitting at $334 billion, and that’s enough to swallow 95% of the index. The S&P 500, which covers about 80% of all U.S. public equities by […]

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  • ButteryNickel
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    4 months ago

    I had this in mind: https://www.cnn.com/2021/11/18/tech/elon-musk-world-hunger-wfp-donation/index.html

    • agamemnonymous@sh.itjust.works
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      4 months ago

      Kinda like this? https://www.npr.org/sections/thesalt/2013/10/24/240557784/buffett-family-puts-money-where-their-mouth-is-food-security

      Or this?

      https://en.m.wikipedia.org/wiki/Purchase_for_Progress

      Edit: not to mention, feeding 42M people for a year is great, but it’s a far cry from solving world hunger.

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