Buffett Outbid by Apollo Global for Tech Data Corp.
I am quoted in a Bloomberg article: “Buffett Outbid by Private Equity in Berkshire’s Deal Hunt”
“He’s just not going to throw the money out and earn a rate of return below what his minimum target is,” David Kass, a professor of finance at the University of Maryland’s Robert H. Smith School of Business. “He is Buffett because he’s patient.”
