VIDEO: Warren Buffett's News Conference in Madrid

Warren Buffett held a news conference in Madrid, Spain Wednesday on the third stop of his 4-day European tour.

Among the topics covered: his continuing effort to get the word to large family-owned businesses that he may be interested in buying if the family needs to sell, the U.S. economy and 'financial weapons of mass destruction.'

He also revealed that he made a mistake by waiting for so long before targeting Europe as a source of acquisitions.

Here, in its entirety, is that news conference, divided into four video clips.

Part One

BUFFETT'S MADRID NEWS CONFERENCE - PART TWO

Part Two

BUFFETT'S MADRID NEWS CONFERENCE - PART THREE