Updated Nov 8th 2013 10:24AM
Warren Buffett doesn't take investment decisions lightly. If he is buying something, then the company probably has a very optimistic long term outlook that may be overlooked. So far this year, Mr. Buffett's Berkshire Hathaway has made 2 major pickups in the energy space: National Oilwell Varco , Suncor . Also, Berkshire subsidiary Mid-American Energy will be closing an acquisition for NV Energy this quarter. So what makes these companies so special that they get the Warren Buffett stamp of approval? Let's take a look at these three companies and see what gives them that secret sauce.
NV Energy, more than meets the eye
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