How to Beat Warren Buffett at His Own Game

This morning, Electricité de France (EPA: EDF) made another attempt to purchase Constellation Energy Group (NYSE: CEG). EDF’s new offer of $52 a share for half of the company is almost as much as MidAmerican Energy -Warren Buffett’s subsidiary of Berkshire Hathaway (NYSE: BRK.A) - paid for the entire company in September.

His $4.7 billion deal for Constellation - about what it cost to build one nuclear reactor - bought him three nuclear plants and 75 power-generating units. CEG jumped 12% this morning to over $28.

Buffett has been on a buying spree of U.S. equities over the past few months. And he even wrote an op-ed for the Wall Street Journal to support why. But before today, CEG was trading below his purchase price. And it’s not the only one.

A $3 billion investment in General Electric (NYSE: GE)