Buffett Waits on Fat Pitch as Cash Hoard Tops $50 Billion

"Warren Buffett has never had so much money to spend.
Cash at his Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK/A) rose past $50 billion at the end of June, the first time it finished a quarter above that level since he became chairman and chief executive officer more than four decades ago."