Why is Warren Buffett Building a $300 billion Cash Pile

I am quoted by Business Insider:

David Kass, a finance professor at the University of Maryland who’s been following Buffett for nearly 40 years, suggested the investor may be “preparing for the transition to Greg Abel and enabling him to decide how to invest those funds, along with Ted Weschler and Todd Combs,” referring to Buffett’s two investment managers.

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