I am a `Bull' on British Pound versus US Dollar

May 24, 2005

Berkshire Hathaway Inc. Chairman Warren Buffett said he is a bull on the British pound against the dollar even as the U.K. currency heads for a second consecutive monthly decline. ``I am a bull on sterling versus the U.S. dollar,'' he said on a teleconference with reporters in London after MidAmerican Energy Holdings Co., a company controlled by Berkshire, agreed to buy PacifiCorp for $5.1 billion in cash.

http://www.bloomberg.com/apps/news?pid=10000085&sid=arSQTFd.5LiI

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