Warren Buffett resisted a last-gasp shopping spree in his final weeks as Berkshire Hathaway CEO
Warren Buffett built his fortune through long-term investing at his firm, Berkshire Hathaway.
Johannes EISELE / AFP via Getty Images
- Warren Buffett held tight to the purse strings in his final quarter as Berkshire Hathaway CEO.
- Berkshire's cash pile grew to a record $373 billion as it sold stocks and refrained from buybacks.
- Operating profits fell sharply as insurance weakness outweighed strength in other Berkshire units.
If you handed most people nearly $400 billion...