Thursday, 22 May 2008, CNBC "Warren Buffet Watch"
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.
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