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Warren Buffett Is Buying More Power

Will Warren Buffett's pricey new purchase be a win for Berkshire Hathaway investors?

By Chris Hill – May 30, 2013 at 7:30PM EST

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 (NYSE: NVE) rose more than 22% Thursday morning on the news that it's being acquired by Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) 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.

The relevant video segment can be found between 2:01 and 3:19.

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About the Author

Chris Hill
Full-time host of the Motley Fool Money radio show, MarketFoolery podcast, and other things. Part-time connoisseur of movies, basketball & fine bourbon.
TMFWizard

Stocks Mentioned

Berkshire Hathaway Stock Quote
Berkshire Hathaway
NYSE: BRKA
$734,838.94
(-0.24%)-$1,786.06
Berkshire Hathaway Stock Quote
Berkshire Hathaway
NYSE: BRKB
$490.03
(-0.38%)-$1.86

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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