Buffett, a cheerleader for America, takes his checkbook abroad
By Luciana Lopez and Jonathan Stempel
NEW YORK (Reuters) - Warren Buffett, in his annual letter to Berkshire Hathaway Inc shareholders last year, called America "the mother lode of opportunity."
This year, his 50th at Berkshire's helm, the world's third-richest person could write something quite different.
When Buffett releases this year's letter on Saturday, he may point to opportunities outside of the United States, after he recently decided to buy a German motorcycle accessories retailer and said he may shop more in that country.
That would mark a significant turn for Berkshire, a conglomerate with more than 80 businesses, giant stock investments and a $360 billion market value.
Buffett did not return a request for comment.
In his letter, eagerly awaited on Wall Street for Buffett's candid thoughts on investing, business and life, the 84-year-old Buffett may detail his vision for Berkshire in the decades to come, including after he is gone.
His comparatively taciturn second-in-command, 91-year-old Charlie Munger, is also expected to express his thoughts.
"Warren Buffett recognizes that global investing is going to be an important part of the future," said Michael Yoshikami, chief executive of Destination Wealth Management in Walnut Creek, California and a longtime Berkshire shareholder. Continued...