Buffett's Big Buy

Updated

In the following video, Motley Fool analyst Matt Koppenheffer tells us about Warren Buffett's enormous new purchase. Berkshire Hathaway has announced that it's teaming up with 3G Capital to buy H.J. Heinz for a total price of $28 billion. The deal is right in Buffett's wheelhouse, as he's known for having a soft spot for companies with great, well-known brands. 3G brought the deal to Buffett, and it will oversee the company after the acquisition.

Warren Buffett's long track record of success has made him one of the best investors of all time. With the Buffett at the helm, Berkshire Hathaway has grown book value per share at a compounded annual rate of 19.8% for nearly 50 years! Despite an incredible historical track record, investors have to understand the key issues to watch moving forward. To help investors, t Fool's resident Berkshire Hathaway expert Joe Magyer has created this premium research report on the company. Inside, you'll receive ongoing updates as key news hits, as well as reasons to both buy and sell the stock. Claim a copy by clicking here now.

The article Buffett's Big Buy originally appeared on Fool.com.

Matt Koppenheffer owns shares of Berkshire Hathaway. The Motley Fool recommends Berkshire Hathaway and H.J. Heinz Company. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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