“One reason for Buffett’s interest in Europe: plenty of cheap buys. ‘It wasn’t because the news was good, it was because the prices were good,’ Buffett said in the on-air interview of buying European stocks. ‘And if you believe that Europe is going to be around, which it certainly is, and it’s going to have huge amounts of purchasing power with its citizens and all of that – then you actually look at trouble as possibly … offering you an opportunity to buy.’  The Oracle of Omaha acknowledged Berkshire recently spent a couple billion euros on European stocks, adding he remains on the prowl for ‘good companies at cheap prices.'”