The market has been buzzing about Warren Buffett's huge cash stockpile that's reached record levels. The legendary investor has been a net seller of equities for the past nine quarters, and Berkshire Hathaway (NYSE: BRK.
Berkshire Hathaway CEO Warren Buffett tries to quickly acknowledge and fix his mistakes at work, a lesson he learned from his late business partner Charlie Munger.
Warren Buffett's Berkshire Hathaway nearly doubled its cash pile to $334 billion, sold a net $134 billion of stocks, and paid $26.8 billion to the IRS.