Few CEOs have as extensive a track record of buying businesses as Warren Buffett. Photo: ReutersSeattle/New York: Warren Buffett has a message for investors wondering when he’ll strike his next big deal: Be patient. Berkshire, Buffett wrote, will still occasionally get opportunities to make large purchases at sensible prices. Some longtime Berkshire investors said that, while the cash figure is staggering, they weren’t concerned about Buffett’s ability to find another huge acquisition. “Everybody’s always impatient” about deals, said Steve Wallman, a money manager in Wisconsin who owns Berkshire shares.

Source: Mint February 26, 2018 03:11 UTC