Hacker News new | ask | show | jobs
by timdellinger 683 days ago
I still remember in 2008/2009 when Buffett deployed cash on extremely juicy terms to Dow Chemical, Goldman Sachs, GE, Mars, and Swiss Re.

Perhaps he's being prepared just in case cash is hard to come by in the next few years.

It also hasn't escaped my notice that interest rates are high, so sitting on cash is an okay place to be.

Or maybe he has an eye on a big purchase or two.