Buffett: Berkshire Needs 'Huge' Deals

Warren Buffett lamented on Saturday his inability to find big companies to buy. He said his goal is to make “one or more huge acquisitions” of non-insurance businesses, to bolster results at his conglomerate Berkshire Hathaway. In his annual letter to Berkshire shareholders, Buffett said finding things to buy at a “sensible purchase price” has become a challenge, which is a major reason Berkshire is awash with 116 billion dollars of low-yielding cash and government bonds.