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Berkshire's Record Cash & Limited Growth
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Berkshire Hathaway reports a record cash pile of $167.6 billion in Warren Buffett's 2023 annual letter, highlighting challenges in finding lucrative investments. Mega Millions jackpot hits $563 million, with the winner taking home around $167.2 million after taxes. Buffett reassures investors about Berkshire's long-term stability despite limited growth prospects due to its sheer size.
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How might Berkshire Hathaway navigate the challenge of limited growth opportunities in the current market?
In what ways could the substantial cash reserve impact Berkshire's investment strategy and market influence?
What implications could the succession plan for Greg Abel have on Berkshire's future direction and performance?
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