Warren Buffett's Berkshire Hathaway poured a record $68 billion into stocks last year as bargains reemerged

• Warren Buffett's Berkshire Hathaway finally found stocks worth buying in 2022, going by its annual report.
• The company spent a record $68 billion on stocks, or $34 billion on a net basis, it said Saturday.
• Berkshire slashed its share repurchases to $8 billion, but its cash pile still shrunk significantly.

Warren Buffett's Berkshire Hathaway spent nearly $70 billion on stocks in 2022, its latest annual report shows. Meanwhile, the famed investor's company slashed its share buybacks, but still deployed a chunk of its cash reserves.