Warren Buffett, chairman and CEO of Berkshire Hathaway, said Thursday that economic growth has lost some steam recently.
Buffett spoke with CNBC's Becky Quick at The Gatehouse's Hands Up for Success luncheon in Grapevine, Texas.
In his annual letter to shareholders, Buffett said he wants to make an "elephant-sized" purchase, but added he has not been able to because prices were "sky-high.
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