Seeking Alpha

More big deals ahead for Buffett?

  • Berkshire Hathaway's (BRK.A, BRK.B) annual letter hints now might not be the end of major purchases for the conglomerate, specifically in energy. “NV Energy will not be MidAmerican’s last major acquisition,” Warren Buffett writes of last year's $5.6B purchase.
  • It's been a year since Berkshire crafted the food industry's biggest takeover with its part in the $28B purchase of Heinz, a "partnership template that may be used by Berkshire in future acquisitions of size," Buffett writes.
  • "During the next decade, you will read a lot of news -- bad news -- about public pension plans," he writes, warning about the "gigantic financial tapeworm" created when "promises were made that conflicted with a willingness to fund them."
  • No real clues about succession, but promise of a rock-solid business after he's gone: "A century hence, BNSF and MidAmerican Energy will still be playing major roles in our economy," Buffett wrote.
  • Berkshire's full annual report
Comments (15)
  • DeepValueLover
    , contributor
    Comments (9414) | Send Message
     
    Warren Buffett is looking at:

     

    (HUM)

     

    (http://bit.ly/1klKuun)

     

    (http://bit.ly/1aqdgzv)

     

    (http://bit.ly/1klKvhO)

     

    (http://bit.ly/12wbM2Z)

     

    =============
    Look for Berkshire to acquire one or more of the above companies over the next two years.

     

    BTW...I actually don't know, of course, but those are the best options I can think of for public companies that fit his criteria.
    1 Mar 2014, 07:31 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (9414) | Send Message
     
    Also look out for (CLX) and (NWL)...
    2 Mar 2014, 01:58 PM Reply Like
  • maybenot
    , contributor
    Comments (4485) | Send Message
     
    hmmm...CLX...yeah, that could be one...but it does have the debt issue everyone likes to point out.

     

    But what a product moat.
    2 Mar 2014, 02:13 PM Reply Like
  • tuliptown
    , contributor
    Comments (1039) | Send Message
     
    why would they not purchase all of DVA? They keep nibbling.
    2 Mar 2014, 08:08 PM Reply Like
  • Kimer62
    , contributor
    Comments (241) | Send Message
     
    I don't think it will be LUK! They just put in place a pretty strong succession plan!
    1 Mar 2014, 08:03 PM Reply Like
  • Mark Krieger
    , contributor
    Comments (4282) | Send Message
     
    Will Uncle Carl go after $SWY now that it has put itself up for sale. It is a way for Buffett to attain a vast empire of real estate as well as take control of the second largest US grocer in the process.
    1 Mar 2014, 09:35 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (9414) | Send Message
     
    2.10% operating margins

     

    3.80% ROA

     

    I (SWY) may be a pass but the Oracle could surprise us all!
    2 Mar 2014, 01:53 PM Reply Like
  • maybenot
    , contributor
    Comments (4485) | Send Message
     
    MKC
    2 Mar 2014, 12:45 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (9414) | Send Message
     
    Yeah..(MKC).

     

    I forgot about that one...good choice!
    2 Mar 2014, 01:55 PM Reply Like
  • u01bsb0
    , contributor
    Comments (677) | Send Message
     
    DVA might be a good shout. I know there is an agreement not to acquire more than 25% but they have been constantly buying over the last few months and might be able to give DVA an offer they can't refuse.
    2 Mar 2014, 08:07 AM Reply Like
  • Tony Pow
    , contributor
    Comments (6488) | Send Message
     
    The best investor in our generation cannot beat the market! His portfolio is too big and most of his strategies are not suitable to retail investors as illustrated in my book Debunk the Myths in Investing (500+ pages from amazon).
    2 Mar 2014, 10:18 AM Reply Like
  • u01bsb0
    , contributor
    Comments (677) | Send Message
     
    this happens very rarely for him, try finding someone else who has beaten the market the number of times over years as he has.

     

    ....and nice trying to advertise on this site.
    2 Mar 2014, 10:52 AM Reply Like
  • Tony Pow
    , contributor
    Comments (6488) | Send Message
     
    Try his last 3 year performance.
    3 Mar 2014, 09:44 AM Reply Like
  • whidbey
    , contributor
    Comments (3395) | Send Message
     
    Warren's dream is to be the market one day, the only market that matters. He only wants the heart of the melon.
    2 Mar 2014, 11:56 AM Reply Like
  • Realtoi
    , contributor
    Comments (380) | Send Message
     
    $UGI, although it might be too small for him..
    2 Mar 2014, 09:30 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs