1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (5983) 

WSJ: Going on Safari With Warren Buffett

In the 2010 Berkshire Hathaway annual report, Warren Buffett said his “elephant gun” is reloaded and his finger is “itchy”.

WSJ ran an article this morning by Dennis K. Berman on possible takeover candidates for Warren Buffett’s Berkshire Hathaway.

In selecting the companies, Berman used criteria laid out by Buffett himself in his shareholder letter. Buffett is exact on his target criteria: big, industrial businesses with near-monopoly positions and solid sales growth; at least $75 million in pretax income; market values of about $5 billion to $20 billion.

The following companies are said to fit the bill:

Illinois Tool Works (NYSE:ITW) Automatic Data Processing (NASDAQ:ADP) Kennametal Inc. (NYSE:KMT) Expeditors International of Washington Inc.(NASDAQ:EXPD) Schindler Holding Corp. (SHLRF) W. W. Grainger (NYSE:GWW)

Read the full text at WSJ here

Watch the video from WSJ on the subject:

And CNBC discussion on the same topic:

Rating: 2.4/5 (5 votes)


Kfh227 - 5 years ago

Buffett's next big buy out could be USG. I think it is simply a matter of time. Buffet and his convertable notes give him well over a 30% stake. Once that conversion happens, I think Buffett will quickly offer to buyout the comapny.

Prem Watsa, FWIW is also a 15%+ holder of USG.

Together those two control over half the company (remember those convertable notes!)

Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

rlalbersgood score screen
Wade WisnerScreenSummary 7/16
thanut7thai cash company3
EmiluchoNano 2
DBrizancanada 23Jul2016
DBrizanholdings beater23Jul2016
DBrizantop holdings beater
EmiluchoNano caps
pbarker467 values

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)