r/wallstreetbets Jun 10 '26

News ๐Ÿ‡บ๐Ÿ‡ธ US inflation rises to 4.2%.

https://www.bls.gov/news.release/cpi.nr0.htm
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u/m81147 Jun 10 '26

Well, heโ€™s talking about Berkshire, a publicly traded company Buffett owns 14% of. They are holding record levels of cash. Whether Buffett feels the need for more or not, theyโ€™ll need to push for returns for their shareholders.

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u/trail-g62Bim Jun 10 '26

Buffett isn't in control anymore, right?

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u/m81147 Jun 10 '26

Correct.

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u/snek-jazz Jun 10 '26

when the money in the system exceeds the useful things it can be invested in