Warren Buffett's European media blitz continues today with a news conference in Madrid. It's the third time he's met with reporters in as many days. After visiting Milan tomorrow, he heads back to the United States.
With his customary bottle of Coca-Cola in front of him and a scratchy voice, Buffett opened by repeating a theme from the Swiss news conference, saying that there would be no deals announced today or tomorrow, or anytime soon, aresulting directly from his trip.
Instead, his European tour is designed to raise awareness about Berkshire Hathaway as a potential buyer of large family-owned businesses and se the stage for deals in the future.