Warren Buffett Is Giant Trader of U.S. Treasury Bills

I am quoted in a Wall Street Journal article: “Playing With $100 Billion, Warren Buffett Is Giant Trader of U.S. Treasury Bills”.

“He’s aware that [Berkshire’s cash] is not earning a high rate of return for shareholders,” said David Kass, a professor at the University of Maryland’s Robert H. Smith School of Business and a Berkshire shareholder. “Paying out a special cash dividend, a one-time dividend at the discretion of management, makes some sense.”

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