Dylan, later speaking about Buffet said it would be interesting to hear Buffets comments on the dollar (during the Berhkshire AGM tonight) as Buffet had previously been down on the dollar. Dylan suggested that Buffet may feel differently now.

However, this is what Buffet had to say in an excerpt from a Bloomberg article tonight:...............................

Buffett, who has been investing in China, Israel and the U.K. to spur profit growth, will embark on a four-city European trip this month to scout potential acquisitions.

At the center of Buffett's European efforts is Angelo Moratti, scion of the founding family of Italian energy company Saras SpA. Moratti is organizing visits to Milan and Madrid. For the past seven years, Moratti traveled to Omaha at least four times a year to brief Buffett on companies and issues in Europe.

Buffett's trip will also include stops in Frankfurt and Lausanne.

Buffett has said in recent years that investments meeting his criteria and big enough to make a difference to Berkshire have become scarce, prompting him to look abroad. He said at last year's annual meeting that he would welcome a $40 billion to $60 billion deal. Buffett also has said he expects the dollar to depreciate, making earnings in other currencies more important.