Warren Buffett says he wants to do more business in Britain, Europe Skip to main content

Warren Buffett says he wants to do more business in Britain, Europe


Image result for warren buffett

Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out.
The Berkshire Hathaway Inc Chairman and Chief Executive Officer said he would "love to put more money in the UK" despite uncertainty over whether and how Britain will leave the European Union.
"I would like to see Berkshire Hathaway better known in the UK and Europe ... I would hope they would think of Berkshire more often when businesses are for sale," Buffett said at his annual shareholders' meeting in Omaha, Nebraska. "We're hoping for a deal in the UK and or in Europe no matter how Brexit comes out."
"I have the feeling it was a mistake to vote to leave," Buffett added, but said, "it doesn't destroy my appetite in the least for making a very large acquisition in the UK."
"It strikes me as a horrible problem," Berkshire Vice Chairman Charlie Munger added.
The endorsement by one of the world's most revered investors comes during a period of tremendous uncertainty about the state of the European economy as well as Britain's status within the region's governing bloc.
Britain voted to leave the European Union three years ago in what is known as "Brexit," but Prime Minister Theresa May has failed to secure a deal that satisfied parliament.
Buffett, meanwhile, has been eagerly looking for big deals where h e could make better use of his company's $114.2 billion cash hoard. He now appears even more willing to venture beyond the United States, where he is best known, for deals.

Comments

Popular posts from this blog

Is Bitcoin a safe situation? Please be aware!

  With internet and online chat rooms mushrooming everywhere over the years, advance fee scam or 419 scam as it is called with name being derived from Nigerian Penal Code se ction that covers this crime, has claimed more  and more  victims of financial fraud.  Earlier  scammers demanded money but with the existence of  Cryptocurrency , scammers are preferring to demand that as  cryptocurrency  transactions are difficult to track.  Bitcoin  is most popular  cyrptocurrency .  With curiosity and craze surrounding  Bitcoin , today more scammers are luring victims by talking about  Bitcoin  trading after developing a rapport with them via friendly or romantic conversations.   The time that scammers spent then and now to chat with victims is an investment whose return would be victim losing money to scammer if he/she blindly believes what the scammer says.  They request s mall amount via money transfer. If they can arouse the compassion of a victim with a sob stor y, many times they also suc

Michelle Rose Exclusive Interview

  Q:  What's it like growing up in Mpls?   Does the city have interesting stories about Prince?     A:  I only lived in Minneapolis until I was three, but I have fond memories of it.  Even now that I live in a suburb of Minneapolis, I still feel like I'm a part of Minneapolis.  I think a lot of Minnesotans have "Minneapolis Pride", even if they don't live in Minneapolis.  Minneapolis has so many fun things to see and do, and the arts are very important here, with so many theaters and live shows.     Prince put us on the map for music.  I hear Prince stories everywhere I go in Minnesota.  I've met so many people who were associated with Prince, including one of his dancers, and even a former Paisley Park employee working as a cashier at the local grocery store, so I've heard many Prince stories.  I wish I could've been a Chanhassen resident when Prince was still alive, because I know that many Chanhassen residents saw him casually riding his bike around

Den Edie Flyah interveiw

  Den Edie Flyah interveiw So could you tell us a little bit about your upbringing in Ohio?  I was sent to guitar leasons by my parents when I was 10 years old. My uncle lived with us back in    Ohio then and he played the drums. I grew up with a Rock band practicing in my basement.    I did not know it at the time but this little town I lived in knew how to rock. When did music become your main interest and what lead you to take music so seriously?   When I was 13 I saw my first rock concert. It was The kinks (one for the road tour.)    It changed me instantly. Suddenly that was the only thing I wanted to do.    To this day I'm still doing it. My guitar obsession had just started and    I did take some music theory lessons as well. I began learning how to create music or write a song.    I recently worked with two clasical Violinist. A Saxsaphone player and a Pianist. The Music theory lessons did pay off as I was able to talk to them in a launguage they understood.  Being a Singer