Thursday, May 22, 2008

The Master went shopping for companies in Europe.

According to Yahoo Finance, the world's greatest stock market investor and richest man – Berkshire Hathaway CEO – Warren Buffett, went shopping for companies in … Europe.
More precisely he went to Germany, Switzerland, Spain and Italy.

The news - of course - got everyone, from analysts to investors nervous about the situation the US.
Buffett said he is not disappointed with the US market and remains open to buying businesses in the US as well as anywhere else in the world.

Could Europe be the next big thing after the emerging BRIC (Brazil, Russia, Indian & China) markets cool down? Is the old becoming new?

I would definitely buy shares in Berkshire Hathaway Inc. (NYSE:BRK-A) but for the price of $122,360 per (ONE) share (as of May 20, 2008), I can’t afford it.
I am waiting for the 1/1000 split!

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