This is Buffett’s Plan to Beat Inflation

Prices are rising so quickly for virtually everyone in America and all over the world – even the billionaire class, including indeed, Warren Buffett.

According to Yahoo Finance, Buffett’s Berkshire Hathaway is spending tens of billions of dollars in a matter of weeks.

At the first glace, this year is considered a bad start for stocks and other assets in financial markets.

Warren Buffett has been appeared to monitor America’s strong inflation, which appears to be a driver of his appetite for equities.

The Berkshire Hathaway equity portfolio compiled purchases of $41.5 billion in net stock during the first quarter. That’s the most cash Buffett has splurged on equities in a quarter since 2008.

Moreover, Buffett spent another $3.2 billion buying back Berkshire shares. The company also announced that it would spend $11.6 billion to acquire insurer Alleghany outright – a deal that should close during the fourth quarter of 2022.

Buffett spent nearly 30% of Berkshire’s huge cash pile to work in equities last quarter, so his plan is “Buy, Buy, Buy stock” to challenge strong inflation.