No. of Recommendations: 2
The hard part is that several things have to line up at once. Berkshire doesn’t
just need something cheap. It needs something attractive, high quality, large
enough, available, and executable. Miss any one of those, and the opportunity
probably doesn’t work.
For me, large enough would mean the biggest purchase on record. The AOL purchase is the biggest so far, $180B. I very much doubt that everything will line up at that size. The only way I see a purchase happening is multiple $50B to $100B purchases. Is BRK capable of handling multiple very large purchases? Oxy Chem was $10B.
Aussi
