Soaks up

from Warren Buffett – Letter To Shareholders 2012 on Rap Genius

Meaning

Interesting wording…it shows how Buffett views cash that is going unused as something that needs to be “soaked up” and great business opportunities are like sponges.

Large sums of money that goes unused isn’t all that useful so Buffett is constantly looking for great ways to put that money to work.

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