One look at this and you’ll get why Warren Buffett sits on a record cash pile

One look at this and you’ll get why Warren Buffett is sitting on a record cash pile

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Longtime Berkshire Hathaway shareholder sells stake, accusing Warren Buffett of 'thumb-sucking'David Rolfe, a longtime Berkshire Hathaway shareholder and CIO at Wedgewood Partners, is fed up with Warren Buffett.
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Longtime Berkshire Hathaway Investor Loses Faith in Warren BuffettWedgewood Partners’ David Rolfe sold out of the stock in the second quarter, citing investment mistakes by Buffett over the past decade, meager stock repurchases, and the drag of a cash hoard.
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Warren Buffett reportedly wants the Fed's permission to boost Berkshire's stake in Bank of America beyond 10%Berkshire's position in BofA stock is its second largest equity holding after Apple, and was worth more than $27 billion as of Monday's closing price.
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