Buffett’s annual letter to Berkshire shareholders is always eagerly awaited. (AP Photo/Nati Harnik, File)
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Warren Buffett, in his annual letter to Berkshire Hathaway shareholders last year, called the U.S. "the mother lode of opportunity".When Buffett releases this year's letter Saturday, he may point to opportunities outside of the United States, after he recently decided to buy a German motorcycle accessories retailer and said he may shop more in that country.Buffett also kicked in $3 billion toward Burger King's purchase of Canadian doughnut chain Tim Hortons, which created Restaurant Brands International Inc.Berkshire ended September with $62 billion in cash, well above the $20 billion cash cushion Buffett likes.That means Buffett needs big purchases, which he calls "elephants," to soak up significant amounts of money.
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