Warren Buffett Is Buying More Power
The following video is from Thursday's Investor Beat, in which host Chris Hill and analysts Andy Cross and Matt Koppenheffer dissect the hardest-hitting investing stories of the day.
Shares of NV Energy rose more than 22% Thursday morning on the news that it's being acquired by Berkshire Hathaway subsidiary MidAmerican Energy. Berkshire Hathaway CEO Warren Buffett says NV Energy is a great fit. Is the deal a great fit for investors? Investor Beat discusses Berkshire's big buy.
Thanks to the savvy of investing legend Warren Buffett, Berkshire Hathaway's book value per share has grown a mind-blowing 586,817% over the past 48 years. But with Buffett aging and Berkshire rapidly evolving, is this insurance conglomerate still a buy today? In The Motley Fool's premium report on the company, Berkshire expert Joe Magyer provides investors with key reasons to buy as well as important risks to watch out for. Click here now for instant access to Joe's take on Berkshire!
The relevant video segment can be found between 2:01 and 3:19.
The article Warren Buffett Is Buying More Power originally appeared on Fool.com.Andy Cross and Matt Koppenheffer own shares of Berkshire Hathaway.Chris Hill has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.