Warren Buffett's German To-Do List

[VersaillesinNY]

Attached is Warren's recent interview with a German newspaper.

It seems that Buffett is starting a PR campaign in order to buy more businesses in Europe.

 

On balance the low euro is good for takeovers. But the euro exchange isn’t our primary motivator.

Our motivation is to own more good businesses in Germany. WEB

Warren_Buffett’s_German_To-Do_List_·_Handelsblatt_Global_Edition.pdf

[ni-co]

Thanks!

 

I believe him when he's saying that he's not speculating with the currency. But I think the weak euro has very much to do with WEB going into offense mode. This is the buying opportunity of a lifetime. If the euro broke apart, he'd have to pay up significantly for assets in Germany.

[rogermunibond]

Wow superstar!  Thanks!