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Warren Buffett looks to Europe

"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."...


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Warren Buffett bets his bottom dollar on Europe

Warren Buffett has fuelled suspicions that he is set to turn his sights on British companies by declaring he is now particularly focused on buying European businesses.

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Warren Buffett bets his bottom dollar on European businesses

By Edmund Conway Last Updated: 12:25am BST 06/05/2008 Warren Buffett has fuelled suspicions that he is set to turn his sights on British companies by declaring he is now particularly focused on buying European businesses. Warren Buffett refused to tell Berkshire Hathaway shareholders who will succeed him While family-owned companies in mainland Europe are at the top of his list, the investor indicated...