Berkshire Hathaway invested over $40B in three weeks in Q1: annual meeting

With reporting by Max Gottlich "One thing that won't change is we will always have a lot of cash on hand," said Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) Chairman and CEO Warren Buffett in his opening comments at the company's annual meeting in Omaha on Saturday. While, the conglomerate looked to start off the year slow in terms of investment activity, in three weeks starting Feb. 21, it spent more than $40B, he said. The company had $143.9B of cash and U.S. Treasury bills at Dec. 31, 2021, and that went down to $102.7B by March 31, 2022. 12:30 PM: Charlie Munger recommends that investors "just say no" if your retirement account or financial advisor recommends putting savings in bitcoin (BTC-USD). 12:29 PM: Discussing the risk of cyber risk, Greg Abel, who heads Berkshire's non-insurance operations, said the company has been working across its businesses to harden its assets. "The good news is