3 Stocks Warren Buffett Would Love
Warren Buffett has a problem.
Arguably the best value investor in history (and certainly the best-known), Berkshire Hathaway CEO Warren Buffett famously seeks out high quality businesses with wide economic moats. He buys "great" businesses at "good" prices -- rather than merely good companies that have sunk to prices that are great. Still, the price has to be right, or at least "good", before he will put money on the table.
This means that from time to time Buffett will get outbid. For example, just last month CNBC reported that a Berkshire bid for Tech Data Corporation was trumped when rival private equity firm Apollo Global Management raised its offer to $145 a share -- $5 more than Buffett wanted to pay.
Source Fool.com