Warren Buffett newspaper toss
Warren Buffett
  • Warren Buffett found few bargains in the second quarter, Berkshire Hathaway's earnings show.
  • The investor's company sold a net $8 billion of stock, and spent only $1.4 billion on buybacks.
  • Berkshire's cash pile grew by 13% to a near-record $147 billion as a result.

Warren Buffett's struggle to find bargains continued last quarter as stocks marched higher, Berkshire Hathaway's second-quarter earnings revealed on Saturday.