the Epitome weekly- Newsletter

Issue: 0821| Tuesday, May 20, 2008

HFs regain risk appetite

Managers focus on ‘all-weather’ funds

Stronger regulations for banks and HFs: Sarbanes

TIPS: Commodity bubble about to burst

Economists forecast end of credit crisis

Libor fixing process still functioning: JPMorgan

Indian Fund assets to double by 2012

Commodities help EM recoup losses

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Buffett hunts acquisitions in Europe

Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, embarked on a European tour Monday looking for possible acquisitions for his Berkshire Hathaway Inc.

Starting in Frankfurt, continental Europe's financial hub, the 77-year-old chairman and chief executive of Berkshire said he wanted to put his company "on the radar screens" of German family-owned businesses should they ever consider selling out.

Buffett said any potential acquisition would have to meet expectations though, including a demonstrated and consistent earning power, a pretax profit of at least $77.9 million a year and no danger of disappearing "over the next five to 10 years."...(Read more..)

Source : CNN Money

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