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About Date: Newspaper Summary
The article discusses Warren Buffett's difficulty finding an "elephant-sized" acquisition deal due to currently "sky-high" market prices. Buffett wrote in a letter to Berkshire Hathaway shareholders that acquisition prospects are "not good" at current price levels. He wants to maintain significant cash reserves to pursue opportunities if market conditions change. The U.S. bull market since the financial crisis has made it difficult for the value investor to find bargains, similar to the tech bubble of the 1990s.
Detailed Information
| Author: | ['Justin Arboritanza'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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