Warren Buffett's Busy 2020 Broke a Record Despite No Major Deals
September 14, 2020 Warren Buffett made no splashy deals in 2020, and he didn’t weigh in on some of the year’s most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year-old billionaire was hardly inactive. Berkshire Hathaway Inc. was firing up another engine: stocks — both buying its own and trading others. The conglomerate snapped up $24.7 billion of Berkshire shares last year, a stark record for the business sitting atop a $138 billion cash pile. It also almost doubled the volume of buying and selling of other stocks compared with 2019. The moves sig...