Buffett Confronts Search for Next Big Thing After Missed Chances

Underlying the festivities at Warren Buffett’s annual bash for Berkshire Hathaway Inc. shareholders over the weekend was a sobering fact: Finding the next big thing is hard.

The Berkshire chief executive officer spoke at length Saturday about his failure to pounce on opportunities in tech stocks, the challenge of lining up large deals, and his frustration with a cash pile that’s approaching $100 billion.

Read more: https://www.bloomberg.com/news/articles/2017-05-07/buffett-confronts-search-for-next-big-thing-after-missed-chances