Read? Warren Buffett reveals what's holding him back from putting Berkshire's $90 billion in cash to work
"I hate cash," Buffett said in an interview that aired Friday on "Squawk Box," one day before Berkshire's annual meeting in Omaha, Nebraska.
"I mean we are investing," he said. "But [cash] is a holding position until you find something else. But the very fact that interest rates are that low makes it hard for us to buy other things because other people buy things with borrowed money, and borrowed money is so cheap."
He added: "If we are competing with equity money against slim equity plus a lot of debt, we're at a disadvantage."......
