Hedge fund manager Akshat Shrivastava on Tuesday weighed in on Berkshire Hathaway chairman Warren Buffett's decision to hold over $300 billion in cash, arguing that the legendary investor is doing exactly what suits his investment style - waiting for distressed deals, not chasing retail-level returns.

"Warren Buffett has been sitting on 300+Bn$ cash since 2024. In Jan 2024: QQQ was at 400$. Now it is 634$. Total gains lost: 58.5%. Warren Buffett is an investing genius. And, he is right in sitting on cash for his multi-billion$ portfolio. He is in the business of buying distressed deals. Not retail investing," Shrivastava wrote on X. Advertisement

Warren Buffett has been sitting on 300+Bn$ cash since 2024.

In Jan 2024: QQQ was at 400$

Now it is 634$

Total gains lost: 58.5%

Warren Buf

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