Buying a Non-Us Domicile Business

Almost 40 percent of the net worth of Berkshire 35 to 40 percent is operating outside the United States. I don't think whether our stock was selling at X or three quarters of X right now would would make a lot of difference but it would make a difference if we thought we couldn't find things to do with the money externally. In terms of buying a business outright we don't preclude buying a non-US domicile business but it's not too likely that it will happen. We've got almost eight billion dollars in Coca-Cola and Gillette combined. Coke has 80 plus of the earnings from non-US sources, Gillette has maybe two-thirds are there about.