The Fed Just Gave Berkshire a Raise. Here’s How Big It Is.

Key Points Berkshire's cash becomes a more valuable asset in a rising-rate environment. The Fed's rate hike should provide Berkshire with an additional $900 million in annual interest income. Berkshire's main goal is still to find ways to deploy its capital. 10 stocks we like better than Berkshire Hathaway › Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) had about $365.5 billion in cash and short-term Treasury securities at the end of June. To be sure, this has been investors' largest criticism of Berkshire over the past few years, and for good reason. After all, it would certainly be preferable to deploy that money in stocks or acquisitions that produce double-digit annualized returns.