Berkshire Hathaway’s cash reserves soared to a record $325.2 billion in Q3 2024 as Warren Buffett reduced stakes in Apple and Bank of America (BofA). Berkshire’s Apple shares, now valued at $69.9 billion, dropped from $84.2 billion, marking a 25% stake cut. Berkshire has been a net seller for eight consecutive quarters, selling $36.1 billion in stocks while buying just $1.5 billion. The conglomerate’s operating earnings fell 6% due to insurance losses and currency impacts. Buffett, focusing on cash accumulation, hasn’t repurchased Berkshire stock, citing high market valuations.