Bloomberg data indicates CRB Commodity Index rose more than 15% by 3rd week of February when the second shock hit. Russia invaded Ukraine and war was announced, pushing commodity prices further up with CRB Index climbing another 15% by early March 2022 (source: Bloomberg).
Berkshire Hathaway spends down cash pile under CEO Greg Abel
Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly