Warren Buffett Recently "Came Pretty Close" to Spending $10 Billion On an Acquisition, and I Strongly Believe One of These 2 Companies Was the Target

Two public companies -- one of which is a legal monopoly -- check all the right boxes as potential acquisition targets by the Oracle of Omaha.

Jun 9, 2025 - 08:27

Warren Buffett Recently "Came Pretty Close" to Spending $10 Billion On an Acquisition, and I Strongly Believe One of These 2 Companies Was the Target

There's not a billionaire investor on Wall Street who captivates the attention of professional and everyday investors like Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. He earned his nickname, the "Oracle of Omaha," by absolutely crushing the broad-based S&P 500 in the return column over the last 60 years.

No event is more special than Berkshire Hathaway's annual shareholder meeting, which typically draws in the neighborhood of 40,000 people. This meeting features a question-and-answer (Q&A) session that extends hours and allows investors to pick the brain of one of Wall Street's most successful asset managers.

While the headline takeaway of Berkshire Hathaway's latest annual meeting is that the 94-year-old Buffett will be stepping aside as CEO by the end of the year and handing the reins to predetermined successor Greg Abel, this was far from the only meaningful announcement.