Warren Buffett's Berkshire Hathaway sits on 112 billion dollars in cash, he says



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Warren Buffett, CEO of Berkshire Hathaway, told FOX Business that the conglomerate's cash flow was close to $ 112 billion.

"That's about $ 100 million a day, a business day," he told Liz Claman at the company's annual meeting of shareholders in Omaha, Nebraska on Friday.

Many investors are speculating on this huge silver nugget that speculates on what the Oracle of Omaha, 88, could buy later. Buffett says he travels the world looking for opportunities.

"In terms of size, there are probably a dozen countries in the world where companies should interest us," he said.

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Regarding the United States, Buffett said that international opportunities could be a better value because the cost of investments in the United States is rising.

Buffett's Berkshire Hathaway shareholders flooded the Omaha convention center on the eve of the company's shareholders meeting.

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