As CNNMoney notes, The Wall Street Journal reported that Wall Street is abuzz with anticipation of a big announcement from the 75-year-old investment guru at the upcoming annual shareholders meeting in Omaha.

Berkshire has built up a cash pile of $45 billion and Buffett has said more than once that he wants to spend billions of dollars in the energy and utilities sectors, the paper said.

Energy and utilities?� I’m starting to fall asleep just thinking about that.� Warren, you’re 75 years old and not getting any younger.� Have some fun while you still can.� We’ll even help you figure out the right way to spend some of those billions.� Below we offer up a suggestion and if you like this one, we’d be happy to share some others – for a small fee of course.

Buy Playboy Enterprises (PLA).� This one is a no brainer.� The stock was down 15% yesterday as the company tempered 2006 revenue and earnings expectations.� At a current enterprise value of just over $400 million, you could pick� up Playboy with� just a couple of weeks of cashflow from your existing portfolio companies.

Who knows if you can turn the iconic adult-entertainment brand into a cash generating machine, but you sure can have fun trying.� After you� acquire Playboy, you should obviously relocate the Playboy Mansion to Omaha.� If, at 80, Heff can still keep the young bunnies happy, imagine what you could do.� And, just think how many shareholders you’d draw to the annual meeting.� You’d go from attracting 20,000 “Oracle of Omaha” fanatics to 500,000…no problem.� Finally, your business attire of choice could go from stuffy business suits to red silk bathrobes - what could be better than that!