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Buffett Sees Investment Opportunities in Japan After Olympus
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Billionaire investor Warren Buffett said he’s unfazed by the recent scandal at Japanese camera maker Olympus Corp. and is looking for investment opportunities in the nation’s companies.
“We’re looking for companies that have some kind of sustainable competitive advantage,” Buffett, chairman of Berkshire Hathaway Inc., said today at a news conference in Fukushima prefecture, northern Japan. “The fact that Olympus happens here or Enron happens in the U.S. doesn’t affect our attitudes at all.”