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Foreign Investment: Follow Buffett into Germany

Today's Financial News - Posted May 21, 2008

“On a recent trip to Europe, Buffett made stops in Germany, Switzerland, Spain and Italy. But his first priority was to meet with leaders of the German mittelstand.” — Martin Hutchinson

by Martin Hutchinson

Baltimore – (TFN): Investors have been watching Berkshire Hathaway Inc. (BRK.A, BRK.B) Chairman Warren Buffett’s moves for years to see which investments are going to take off next.

Back in October, the Oracle of Omaha’s trip to South Korea encouraged our own bullishness on that country’s stock market.

And now Buffett has decided to have a look at Germany.

Foreign Investment: Buffett embraces the mittelstand

On a recent trip to Europe, Buffett made stops in Germany, Switzerland, Spain and Italy. But his first priority was to meet with leaders of the German mittelstand – the family-owned, medium-sized companies that are the backbone of the German economy. Read on to learn which companies Buffett bought into and how you can profit.

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