ECONOMICS - Warren Buffett Killed It In 2012 Without Making A Single Major Acquisition

Investing legend Warren Buffett didn't make a single major acquisition this year, but Berkshire Hathaway Class A stock still beat the S&P 500 this year by 4%, Bloomberg reports. The secret sauce was a combination of Buffett's big bet on Bank of America, whose shares doubled last year to $11.61, and a share buy back plan that he announced last month. From Bloomberg: The Omaha, Nebraska-based company is also poised to extend its record of o ...

http://www.businessinsider.com/buffett-beats-in-2012-without-big-buys-