Munger: Warren has never had a strategic deal unless he hid it from me
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Warren Buffett and Charlie Munger discuss Berkshire Hathaway making strategic deals abroad, noting that they’ve made some great deals with Israel. GARY RANSOM: Yes. You’ve said that you are looking for non-insurance large acquisitions to put that cash to work. And when you’ve said that, I’ve usually thought of the United States because you’re a big fan of the US business. And I just was wondering whether you’re seeing more opportunities as the rest of the world opens up, grows, whether there’s opportunities for some of those mega transactions in other parts of the world– say, Asia or Europe? WARREN BUFFETT: Yeah. Gary, I would say that I’ve been disappointed […]