‘We don’t see anything that attractive’

* “We have not done anything, because we don’t see anything that attractive to do,” said Buffett, chairman and CEO of Berkshire Hathaway.

* Berkshire had a record $137 billion in cash and equivalent instruments by the end of March, according to the company’s latest 10-Q filing.

* Berkshire shareholders have been waiting for Buffett to deploy some of that cash, particularly after the coronavirus sparked a massive drop in stock prices.

* “We are willing to do something very big,” he said. But at the moment, “we haven’t seen anything that attractive.”