Berkshire Weekend: Buffett on International Exposure
Liz Claman of Fox Business Channel quotes or paraphrases the Berkshire chairman:
Buffett: In terms of Berkshire earnings - we will just keep doing things that make sense. We own a lot of Coca-Cola, P&G… we have a lot of indirect sources of earnings outside the U.S. and a lot of direct. We want all of our subsidiaries to be looking all over the place. There are a lot of countries we feel comfortable with. We would be happy to put more money in those countries - but we don’t wake up in the morning saying we’d want to put more money in Germany or Spain for example.