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Warren Buffett Can’t Find Anything Big To Buy

TedTed
in Fund Discussions
FYI: Warren Buffett is always on the hunt for “elephants,” as he calls large acquisitions. But three years have passed since he bagged a new one.

One reason: The Omaha, Neb., billionaire faces unprecedented competition from private equity and other funds looking to make fast acquisitions, often at higher prices than Mr. Buffett is willing to pay. His last major deal, the $32 billion purchase of aerospace manufacturer Precision Castparts Corp., closed in January 2016.
Regards,
Ted
https://www.wsj.com/articles/warren-buffett-cant-find-anything-big-to-buy-11550745001?mod=hp_lead_pos5

Comments

  • InvestorInvestor
    He will step in when/after market crashes. He can be very patient. His insurance businesses are constantly generating cash. It is piling up.
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