Buffett watchers await word on whether the 'Oracle of Omaha' is close to finding his 'elephant' | Value Investing News

Buffett watchers await word on whether the 'Oracle of Omaha' is close to finding his 'elephant'

  • And this year, investors will be eager to see whether Berkshire has gotten any closer to the "elephant-sized" acquisition that has eluded Buffett over the last several years.
  • The "Oracle of Omaha" told CNBC this time last year that despite Berkshire's lackluster performance of late, he was keen to make an eye-popping acquisition for the portfolio.
  • The S&P 500 has outperformed Berkshire on a one-year, three-year, five-year and 10-year basis as pricey, high-growth tech stocks led (and continue to lead) to stock market records.
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