New Delhi, Feb. 22 -- American multinational conglomerate Berkshire Hathaway's chief executive officer, Warren Buffett, disclosed in his annual report that the firm's cash pile for the year ended 2024 was at $334.2 billion, a rise in cash reserve for the 10th consecutive quarter.

Buffett's cash hoard rose to a record level of $334.2 billion in 2024, compared to $325.2 billion at the end of the third quarter of the calendar year 2024. The billionaire value investor continued to refrain from major stock transactions in the fourth quarter, as per the annual report.

"Despite what some commentators currently view as an extraordinary cash position at Berkshire, the great majority of your money remains in equities. That preference won't change...