Warren Buffett, chairman and CEO of Berkshire Hathaway, laughs during an interview with Liz Claman of the Fox Business Network in Omaha, Neb., Monday, May 7, 2012. Buffett said on Monday that Europe will have a hard time resolving its fiscal problems because of the structure of the European Union and this weekend's election results in Greece and France, but he says the turmoil in Europe won't keep him from investing. Buffett said Berkshire plans to buy two U.S. stocks Monday that it already holds to add to its stakes in those companies. (AP Photo/Nati Harnik)Warren Buffett's company is apparently bullish on the U.S. auto industry. Berkshire Hathaway Inc. took a new 10-million share stake in General Motors Co. in the first quarter.



View the original article here

Share |