Category: pile
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Warren Buffett dumped stocks, built a $300 billion cash pile, and updated his death plan in 2024. Here are his 6 highlights.
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Warren Buffett is the CEO of Berkshire Hathaway.Reuters/Rick Wilking Warren Buffett praised Charlie Munger and trimmed his bets on Apple and Bank of America in 2024. Berkshire Hathaway has reached a $1 trillion market cap and its cash pile has swelled to more than $300 billion. Buffett has donated about…
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Unit trusts pile into bank deposits on higher rates
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Collective investment schemes tripled their share of assets under management in the form of cash and demand deposits to Sh35.3 billion in the 12 months to March 2024, chasing high interest rates on deposits offered by liquidity-starved banks. New data on investment fund assets released by the Capital Markets Authority…
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Jerusalem light rail delays pile up
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Delays are piling up in the expansion of Jerusalem’s light rail system. Globes has learned that the Green Line between Mount Scopus and Gilo, which was scheduled to open next year, will now not open until March 2026. And the Red Line extension, originally scheduled to open in July 2023,…