Warren Buffett looks to Europe
Man on the Street 64 (Free subscription) | 05/05/2008
"We are happy to invest in businesses that earn their money in the euro, or in companies that derive their earnings in Germany, or from the sterling in the UK, because I don't have a feeling that those currencies are going to depreciate in a big way against the dollar. "I'm willing to bet the dollar will weaken against other currencies over the longer term, so I feel no need to hedge those currencies."...







