Skip to Content

A Birthday Gift Buffett Would Truly Appreciate

These stocks might be too small for Warren Buffett, but individual investors may want to give them a look.

Mentioned: , , , , , , ,

What do you get an octogenarian billionaire investor for his birthday? That's a question that Warren Buffett's friends and family are asking themselves today. We humbly submit that the best gift may be a smaller pool of assets to invest. 

Buffett himself has said many times that the biggest challenge he faces in keeping up his remarkable track record is deploying his massive and growing amount of capital. It's not that the Oracle of Omaha has suddenly lost his confidence in picking stocks or making other investments. There just aren't very many attractively priced deals or stocks out there that are large or liquid enough to move the needle. The only way to really make a difference is with megadeals, such as the purchase of Burlington Northern Santa Fe, that are both sizable and have the ability to soak up the huge amounts of cash that Berkshire throws off. Such transactions just don't come along that often. 

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.