Berkshire Hathaway under the name of Warren Buffett is holding hundreds of billions of dollars in cash , these cash ends provoke curiosity in the market . Recently Buffett starts NiuDao .
According to the news of overseas media , the German manufacturer of chemicals LANXESS is reported that Berkshire Hathaway has acquired 3% of its shares .LANXESS said in a supervising document that Berkshire Hathaway acquired 3% of its shares through General Reinsurance. It was worth about 180 million EU at the time of the stock price (about 200 million USD )
Market data showed that the cash Berkshire Hathaway hold was about 86 billion dollars by December 2016. The market forecasts that the profit would soar to 100 billion dollars by the middle of the year as dozens of subsidiaries contribute profits . Buffett said that it would be reserved 20 billion dollars at least as buffer fund . This fund will be used for insurance compensation or for acquisition opportunity . Overseas analysis institution Edward Jones analyst Jim said that though Buffett would hope 20 billion dollars for emergency , the cash holding is too much . Investment manager Richard Cook said that there may be hundreds of billions of dollars in M&A transactions .