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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: Texirish ✺🐝🐝  😊 😞
Number: of 15065 
Subject: Re: Use up all our cash and some?
Date: 12/05/2023 12:34 PM
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But Charlie's point on buying power for the right deal stands - Berkshire has access to the money to pay for an acquisition if opportunity knocks. Charlie doesn't believe in taking a small plate to the pie counter when you get that invite.

There remains the minor point of what's available to buy that's big enough to soak up that much cash and borrowing?

Among private US companies there are only Cargill and Mars. Among non-US companies there's the issue of different legal systems and government involvement. And really big guys would probably want stock, not cash. In the stock market, he doesn't do hostile takeovers and they would also want stock to minimize tax hits.

I don't have any suggestions - does anyone?

My SWAG is that it might be a premier luxury goods firm controlled by a family dynasty in a favorable tax environment. But that's just a feeling - the great company at a fair price thingy. I don't have anything concrete to offer.
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