Lilly stock price

























In his annual letter to Berkshire Hathaway shareholders released this morning, Warren Buffett says more "major" acquisitions are needed to maintain growth in the company's non-insurance businesses at a "decent rate."

Buffett writes: "We will need both good performance from our current businesses and more major acquisitions. We're prepared. Our elephant gun has been reloaded, and my trigger finger is itchy."

At the end of 2010, Berkshire had a lot of ammunition for that elephant gun: $38 billion in cash.

could it be.... Lilly? Welcome Warren. Bye, John.
 












In his annual letter to Berkshire Hathaway shareholders released this morning, Warren Buffett says more "major" acquisitions are needed to maintain growth in the company's non-insurance businesses at a "decent rate."

Buffett writes: "We will need both good performance from our current businesses and more major acquisitions. We're prepared. Our elephant gun has been reloaded, and my trigger finger is itchy."

At the end of 2010, Berkshire had a lot of ammunition for that elephant gun: $38 billion in cash.

could it be.... Lilly? Welcome Warren. Bye, John.

Warren is interested only in good companies that are run well. Obviously, Lilly is not one of those companies. Warren didn't become a billionaire by buying companies like Lilly.
 






























where does thiese 15.54% intagible asset value coming from?

http://financials.morningstar.com/ratios/r.html?t=LLY

Debt/Equity ratio: 0.55

Today I borrow, tomorrow never comes...high D/E is one reason the company has to merge or sold in parts ex. citi, JPM, BAC...we got 2008 meltdown

where oh where did $3B increase in free cash flow come from in last quarter? I don't know, or care, but it looks like the company car is driving on borrowed fumes.