He said he would much rather have Berkshire's pile of cash and equivalents be $30 billion (22.2 billion pounds), rather than the $108.6 billion it was at the end of March, but good deals have not emerged.
By that measure, Berkshire reported operating earnings of $5.3 billion, or about $2.14 per Class B share.
When asked about gender equality in the workplace and what Berkshire is doing to promote it, Buffett noted that women now head six of the 60-plus businesses that Berkshire owns.
"I'm thrilled to see them re-purchasing stocks", Buffett advised Berkshire shareholders at the conglomerate's annual assembly.
Bandits kill 48, set houses ablaze in Kaduna community
Birnin-Gwari has recorded several attacks by armed bandits alleged to be cattle thieves and other criminal gangs this year. Spokesman for Kaduna Police Command, Aliyu Mukhtar, did not answer our reporter's call through his mobile number.
Since that time, Buffett said that Americans have seen 14 USA presidents, world wars, 9/11 and the Cuban missile crisis.
Buffett presided on Saturday at Berkshire's annual shareholder meeting in Omaha, Nebraska, which was expected to have drawn more than 40,000 people.
Buffett's very first commitment to Apple surprised many given his standard aversion to businesses in the tech sector, nevertheless also the billionaire perspectives Apple more as being a consumer solutions company.
Charlie Munger, Berkshire Hathaway's Vice Chairman stated during the meeting about trading in digital assets as "just dementia". Buffett said it was hard to find qualified women to lead companies because of what he termed a "pipeline problem".
General Re (GenRe) also managed a profit, with growth in premiums earned helping the reinsurer to an underwriting profit of $130 million, compared to its loss of -$141 million in the prior year. "Yet the costs keep going up".