Skip to content
Subscriber Only
Opinion
Tara Lachapelle

Warren Buffett’s 2020 New Year’s Resolution

After another unremarkable year for Berkshire Hathaway, the billionaire may be determined to find his elephant. 

2019 wasn’t Buffett’s worst year, but it was surely one of his dullest.

2019 wasn’t Buffett’s worst year, but it was surely one of his dullest.

Photographer: Daniel Zuchnik/WireImage via Getty Images

He’s making a list and checking it twice, but can’t find a takeover target that’s nice.

Warren Buffett is the jolly man of the stock market. However, the chairman and CEO of Berkshire Hathaway Inc. has also been a bit of a Scrooge this year, as he continues to pass up acquisitions and instead hoard his money. The billionaire has long been seeking a really big deal on which to spend some of his company’s $128 billion of cash, except everything is overpriced in his view. To make matters more frustrating, Berkshire’s own shares are lagging behind the broader U.S. market by the most since 2009.