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Prudent Capitalist

01/05/21 1:47 PM

#2913 RE: bar1080 #2912

Barrons.com (Andrew Bary) Yesterday (1/4/21): Why Berkshire Hathaway Will Bounce Back Strong This Year

Berkshire is also sitting on $145 billion of cash and equivalents, giving investors some sleep-at-night comfort.

Looking ahead to 2021, it is possible that Buffett may find a large acquisition. Two possibilities are Walgreens Boots Alliance (WBA) and Kroger (KR), leading companies in out-of-favor industries.

Prudent Capitalist

01/06/21 10:20 AM

#2914 RE: bar1080 #2912

The deal and transaction announced today could potentially be related to a potential future deal, but at the very least is a strategic move for WBA and facilitates a re-focusing on growth and transformation of the core retail pharmacy business. The market likes it thus far.