Warren Buffett's company Berkshire Hathaway ( BRK.A 0.80%) ( BRK.B 0.95%) has been stockpiling cash all year. At the end of the third quarter of 2024, Berkshire had over $320 billion of cash and short-term Treasury bills.

Warren Buffett once wrote, "The weeds wither away in significance as the flowers bloom." Using Buffett's analogy, his Berkshire Hathaway garden had lots of blooming flowers in 2024. Buffett's timing was almost perfect in buying Jefferies.

This company built around an aging technology is finally reinventing itself by rethinking how it does business.

After the Federal Reserve announced its latest interest-rate decision, financial markets sold off as the pace of future rate cuts appears that it will be slower than most had expected. During the sell-off, Warren Buffett-led Berkshire Hathaway bought shares of three stocks: