Berkshire Having Hard Time Finding Stocks, Buffett Tells CNBC

Sept. 19 (Bloomberg) -- Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said he’s struggling to find opportunities in equity markets after stocks rallied.

“They were very cheap five years ago, ridiculously cheap,” Buffett said today on CNBC. “That’s been corrected,” he said. “We’re having a hard time finding things to buy.”

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net.

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net