Does Gilead (GILD) Pass Warren Buffett's Test?
11/18/2016 7:19:58 AM
Warren Buffett is famous for keeping many billions of dollars in cash on Berkshire Hathaway's balance sheet so he always has the ability to make a needle-moving acquisition. Berkshire's cash balance exceeded $68 billion as of the end of September. So what stocks could Buffett be considering now?
We're not mind-readers, but Buffett does give us a great deal of insight into his acquisition criteria in his annual letter to shareholders:
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