What is Buffet Buying?

Very interesting article on what Warren Buffet is doing with his stocks. He looks like he is going outside America to get his hands on some good international stocks. He fears large budget deficits will weaken the dollar and send stocks lower. Here are his 38 holdings in order of size with Morningstar ratings:

1. Coca-Cola : Wide Moat, 5 Stars
2. American Express : Wide Moat, 3 Stars
3. Wells Fargo : Wide Moat, 4 Stars
4. Procter & Gamble : Wide Moat, 3 Stars
5. Moody's : Wide Moat, 4 Stars
6. Wesco Financial : Narrow Moat, 4 Stars
7. Anheuser-Busch : Wide Moat, 5 Stars
8. Washington Post : Wide Moat, 5 Stars
9. ConocoPhillips : Narrow Moat, 3 Stars
10. Ameriprise Financial : Not rated
11. Wal-Mart : Wide Moat, 5 Stars
12. M&T Bank (NYSE:MTB - News): Narrow Moat, 3 Stars
13. USG Corporation (NYSE:USG - News): Not rated
14. American Standard : Narrow Moat, 2 Stars
15. First Data (NYSE:FDC - News): Wide Moat, 3 Stars
16. H&R Block : Wide Moat, 4 Stars
17. Comcast (NasdaqNM:CMCSA - News): Wide Moat, 3 Stars
18. Costco (NasdaqNM:COST - News): Narrow Moat, 3 Stars
19. General Electric : Wide Moat, 3 Stars
20. Tyco International : Narrow Moat, 5 Stars
21. SunTrust Bank (NYSE:STI - News): Narrow Moat, 3 Stars
22. Nike : Narrow Moat, 5 Stars
23. Gannett : Narrow Moat, 5 Stars
24. Gap (NYSE:GPS - News): Narrow Moat, 4 Stars
25. Home Depot : Wide Moat, 4 Stars
26. Torchmark (NYSE:TMK - News): Narrow Moat, 3 Stars
27. Iron Mountain : Wide Moat, 3 Stars
28. Lexmark International : Narrow Moat, 3 Stars
29. United Parcel Service : Wide Moat, 4 Stars
30. Outback Steakhouse (NYSE:OSI - News): No Moat, 4 Stars
31. PetroChina (NYSE:PTR - News): Narrow Moat, 2 Stars
32. ServiceMaster : Narrow Moat, 3 Stars
33. Sealed Air : Narrow Moat, 5 Stars
34. Pier 1 Imports (NYSE:PIR - News): No Moat, 4 Stars
35. Lowe's Companies (NYSE:LOW - News): Wide Moat, 3 Stars
36. Comdisco Holdings : Not rated
37. Tesco PLC: Not rated
38. Kingfisher (Other OTC:KGFHY.PK - News): Not rated