Warren Buffett, Flush With Cash, Also Owns More Treasury Bills Than the Federal Reserve

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By Andrew Moran and Kevin Stocklin As Warren Buffett’s Berkshire Hathaway strategically sells shares of companies such as Apple for cash, it is parking hundreds of billions in U.S. Treasury bills (T-bills), and now owns more of them than the Federal Reserve. In the second quarter, Berkshire purchased an additional $81 billion in T-bills, short-term […]