With over $100 billion of cash to deploy at Berkshire Hathaway, Warren Buffett’s investment universe is virtually unlimited.
However, the Oracle of Omaha hasn’t built the fortune he has today by investing in everything that comes his way. Buffett’s best quality as an investor is perhaps his ability to sit on his hands and wait for the perfect opportunity. He’s not afraid to say no even when what seems to be a once in a lifetime opportunity rolls around.