Buffett to CNBC: I'm 'Salivating' For 'Big Acquisition'

Warren Buffett always says that he's ready to buy a good company at a good price at any time.

In his 2011 letter to Berkshire Hathaway shareholders, Buffett got some headlines when he wrote, "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 that time, Berkshire had $38 billion in cash.  Today it has $40 billion in ammunition……

Read all about it at http://www.cnbc.com/id/49535864