Buffet has said that the thought of taking over another country makes him very excited. He has chosen to hoard his money as he is looking for a significant deal on which to spend his company's cash. Buffet's highly anticipated annual letters recently have been shorter than usual, and they have lacked his signature spark that he throws into it.
Berkshire's last massive take over, which Buffet refers to as "elephant" was Precision Castparts, an aerospace parts supplier. It was finished nearly four years ago. This year, Berkshire supplied billions of dollars' worth of high-interest financing to help another company. He is looking for the next big 'get.' For 2020 all resources point to him following his status quo of looking for good value when he purchases, avoiding debt and continuing to be thrifty.