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"He's elephant hunting ... there aren't a lot of elephants around," says Jeff Matthews of Warren...

"He's elephant hunting ... there aren't a lot of elephants around," says Jeff Matthews of Warren Buffett after Berkshire Hathaway's (BRK.B) cash hoard rose to $47.8B at the end of Q3 (earnings). The firm made a number of purchases during Q3 (and last week agreed to buy Oriental Trading), but Buffett made clear the buys aren't material, "individually or in the aggregate."
Comments (2)
  • Why doesn't Mr. Buffett do the right thing and dividend all the cash out so he can pass it through to the IRS.

     

    He keeps harping about wanting to pay more taxed. Here's his chance.

     

    Perhaps he is waiting for tax rates to go up so he can get the maximum tax paid possible.

     

    Hypocrite.

     

    P
    5 Nov 2012, 10:14 AM Reply Like
  • He's waiting for the market crash to buy up cheap companies..
    5 Nov 2012, 02:51 PM Reply Like
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