Warren's Deal Mojo

Snippet from Barrons -

“The rapid accumulation of Occidental shares has spurred speculation that Buffett wants to buy all of the company in a long-sought “elephant-sized acquisition”—his phrase—that could cost $70 billion. Such a transaction would excite the Berkshire faithful because it would put half of its nearly $150 billion of cash to work at a much higher return than the near-zero yield currently on its large holdings of Treasury bills.”

“Berkshire class A shares are up 19.6% this year, to $538,949, trouncing the S&P 500, which is off 4.7%. The stock, which closed at a record high on Friday, is also ahead of the S&P over the past 10 years. The class B shares ended the week around $359.”