S&P 500
7,506.40
-0.17%
Dow Jones
52,400.00
-0.23%
Nasdaq 100
29,216.50
-0.15%
Russell 2000
2,949.26
-0.07%
FTSE 100
10,468.60
-0.41%
Nikkei 225
67,027.60
-0.06%

Industrials

Buffett Still Looking for $20 Billion Merger, Talks Up Current Holdings

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) is still out elephant hunting. He told CNBC’s Becky Quick this morning that he has made a record number of small bolt-on acquisitions. What he has not been able to find is that next “whale of a deal” that he has referred to in the past.

He has said that he is still looking for something up to the $20 billion area for an acquisition. More importantly, Buffett said he has tried a couple of companies but that those were not able to go through. He did not say whether management was wanting too high of a price, but Buffett said that pricing in general is challenging now. In short, share prices are too high for him to go after.

Berkshire Hathaway Inc. (NYSE: BRK-B) B shares closed at $86.95 and the 52-week trading range is $72.60 to $90.93.

The Coca-Cola Co. (NYSE: KO) was discussed as being a keen insight into the distribution network globally. Buffett said he has added more to the Wells Fargo & Co. (NYSE: WFC) position, and he also talked up his large investment in International Business Machines Corp. (NYSE: IBM).

Here is the full list of the Buffett holdings.

JON C. OGG

Contact [email protected] for any questions or corrections.

DISCLOSURE:
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options  Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation.
Follow 24/7 Wall St. on Google
Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Jon C. Ogg |

Is Berkshire Hathaway Becoming More Private Equity Than Conglomerate Under Buffett?

It now might be easier to argue that Berkshire Hathaway is becoming more like a public private equity shop, rather…

Why More Big Buyouts Could Harm Buffett and Berkshire Hathaway Credit Ratings
Jon C. Ogg |

Why More Big Buyouts Could Harm Buffett and Berkshire Hathaway Credit Ratings

When investors and the public think of Warren Buffett, chances are high that they think of his company or Mr.…

Jon C. Ogg |

Six Key Things to Watch in Buffett’s Berkshire Hathaway Annual Meeting

Some 38,000 attendees are scheduled to appear at the annual meeting this weekend for Berkshire Hathaway. Warren Buffett has already…

Jon C. Ogg |

The Top 7 Lessons in Warren Buffett’s Annual Letter to Shareholders

So, what are the hidden gems and top seven points we see that Warren Buffett has for long-term investors in…

Jon C. Ogg |

Buffett/Berkshire Annual Report: No Dividend nor Successor, Will Keep Buying Stocks and Companies

White House Photo by Pete SouzaWarren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) has released his annual letter to shareholders.…

Paul Ausick |

Buffett Buys Hometown Newspaper (BRK-A, BRK-B, WPO)

Is Warren Buffett just an old softie? Berkshire Hathaway Inc. (NYSE: BRK-A, BRK-B) has announced that it is purchasing the…

Warren Buffett’s Berkshire Hathaway Nears 1-Year High
Paul Ausick |

Warren Buffett’s Berkshire Hathaway Nears 1-Year High

Berkshire recently completed it $37 billion acquisition of Precision Castparts. But one of Berkshire Hathaway's more interesting plays recently is…

Jon C. Ogg |

Berkshire Hathaway Annual Meeting, Full Preview of Warren Buffett (BRK-A, BRK-B, GS, GE, LZ, COP, KO, PG, WFC, AIG)

This coming weekend will mark the one weekend that the hotels, retailers, and restaurants all look forward to in Omaha,…

Why Warren Buffett’s Annual Letter and Annual Report Will Mean So Much
Jon C. Ogg |

Why Warren Buffett’s Annual Letter and Annual Report Will Mean So Much

Berkshire Hathaway will release its 2018 annual report to its shareholders on Saturday, February 23, 2019. While some investors might…

Top Gaining Stocks

FactSet Research Systems
FDS • Vol: 929,614
Gartner
IT • Vol: 1,375,344
Intuit
INTU • Vol: 6,564,709
Valero Energy
VLO • Vol: 2,870,552
Paycom Software
PAYC • Vol: 620,867

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
Oracle
ORCL • Vol: 56,688,573
Intel
INTC • Vol: 100,754,655
Lam Research
LRCX • Vol: 9,770,514
ON Semiconductor
ON • Vol: 9,568,853