AcquisitionsAt the start of the year, in his annual letter to Berkshire Hathaway ( BRK.A) shareholders, Warren Buffett took time to focus on the company's future acquisition prospects. Likening his firm's massive cash pile to a loaded elephant gun, the investor spent the past year on the prowl, searching for attractive opportunities around the globe. Overall, Buffett's safari appeared successful. Some of his recent trophies, however, have come as a big surprise. Although it was refreshing for investors anxious to see some Berkshire cash come off the sidelines, Buffett's first big ticket purchase of the year was not overly surprising. Valued at $9 billion, chemical maker, Lubrizol makes for a strong compliment to the current Berkshire Hathaway portfolio. The firm is responsible for products used extensively across a number of sectors the investor has traditionally showed interest in.
SurprisesA handful of other, more unconventional business decisions helped keep Warren Buffett in the spotlight throughout the year.