Berkshire (BRK-B) Has Enough Cash If Sam Altman's Wrong About Shorting OpenAI, Says Jim Cramer

We recently published 11 Latest Stocks Jim Cramer Talked About. Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the stocks Jim Cramer recently discussed.

Cramer discussed Berkshire Hathaway Inc. (NYSE:BRK-B) after the firm announced that it sold more stocks than it bought. The CNBC TV host discussed the firm again after having done so last week, after a rare downgrade of its stock. He commented on Berkshire Hathaway Inc. (NYSE:BRK-B)’s $382 billion cash stockpile, Warren Buffett’s trading, the firm’s insurance business, and its railroad strategy:

“[On selling more than they bought and cash at $382 billion] Look I thought he went out of the high, I mean this was not, this is, obviously this last quarter [inaudible]. But they have a lot of cash I will tell you. I was worried about GEICO, I was wrong, GEICO had a good quarter. They’re a terrific company that is not a data center company but the best acquisition they ever had was Apple.

“Theoretically. . .I thought they should have bought CSX but that didn’t happen.

“Look there will be one company that has a lot of cash if Sam Altman is not right about his, just go ahead and short this.”

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.