Friday, April 1, 2011

Berkshire (BRK-A), Buffett Drooling over India

Although China has been an investors dream for some time, it has been so played out in the media, it's been harder to find deals there than it may be in India, even with its draconian rules. But that's not stopping Berkshire Hathaway (NYSE:BRK-a) and Warren Buffett from looking to spread their wings there.

What's powerful about India is the fact that Buffett can look at all sorts of infrastructure and foundational sectors which are very close to being at the beginning of the India growth story.

Couple that with Buffett's long-term horizon, and there is extraordinary potential there.

Eventually India will have to change its current rules which hold back capital investment and entry into the market, and when it does, those invested or prepared to invest could and will make a fortune, assuming the perform due diligence and know what they're doing.

Buffett obviously does, and that will bold well for the company if he's able to stick around long enough to make some effective moves.

Berkshire closed Thursday at $125,300, falling $2,803.00, or 2.19 percent.

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