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The Oracle of Omaha sings the praises of Treasury bills. Here’s what makes them so great. Krista Kennell / Shutterstock.com
Berkshire Hathaway — the conglomerate where legendary investor Warren Buffett is chairman and CEO — now owns more in Treasury bills than the Federal Reserve. As of the end of the second quarter of 2024, Berkshire held $234.6 billion in short-term investments in Treasury bills. Meanwhile, the Federal Reserve held $195.3 billion in Treasury bills, according to a CNBC report. Buffett is known to…
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