Buffett: This week we purchased $17 billion of US Treasury Bonds. If the market drops significantly, the company will deploy cash.

BlockBeats News, March 31st, Buffett stated that Berkshire Hathaway bought $17 billion worth of US Treasury Bonds this week.

He also mentioned that if the market experiences a significant downturn, Berkshire Hathaway will deploy cash. He is still involved in Berkshire Hathaway's investment decisions but will not make any investments that CEO Greg Abel believes are wrong. Buffett estimates that Berkshire Hathaway has made over $100 billion in profit from its investment in Apple Inc.