Cash is piling up faster than Warren Buffett can invest it

Markets Associated Press

  • FILE - In this Sunday, May 3, 2015, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett plays bridge outside the Borsheims jewelry store, a Berkshire Hathaway subsidiary, in Omaha, Neb. Buffett has a high-class problem: cash is piling up at Berkshire Hathaway faster than he can invest it. (AP Photo/Nati Harnik, File)

    FILE - In this Sunday, May 3, 2015, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett plays bridge outside the Borsheims jewelry store, a Berkshire Hathaway subsidiary, in Omaha, Neb. Buffett has a high-class problem: cash is piling up ... at Berkshire Hathaway faster than he can invest it. (AP Photo/Nati Harnik, File) (The Associated Press)

  • FILE - In this Monday, May 4, 2015, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman on the Fox Business Network in Omaha, Neb. Buffett has a high-class problem: cash is piling up at Berkshire Hathaway faster than he can invest it. (AP Photo/Nati Harnik, File)

    FILE - In this Monday, May 4, 2015, file photo, Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview with Liz Claman on the Fox Business Network in Omaha, Neb. Buffett has a high-class problem: cash is piling up at Berkshire ... Hathaway faster than he can invest it. (AP Photo/Nati Harnik, File) (The Associated Press)

Warren Buffett has the kind of money problem most people would envy: a growing mountain of cash.

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Buffett's Berkshire Hathaway is holding more cash than ever with nearly $73 billion on hand. And the total grows every day he doesn't make a deal.

Buffett says he's always hunting for sizeable acquisitions for Berkshire, but he's mostly sitting on the cash this year.

Investor Andy Kilpatrick, who wrote "Of Permanent Value: The Story of Warren Buffett," says he thinks Buffett is looking for a great company selling at the right price.

Berkshire earns little on its cash, but Buffett isn't likely to feel much pressure from shareholders.

After all, Buffett still controls nearly one-third of the voting stock, and Berkshire shareholders have rejected the idea of a dividend before.