Post Tagged with: "Buffett"
Video: Warren Buffett on ‘Too Big to Fail’
Here’s more from Warren Buffett on CNBC this morning. This time he talks to Becky Quick about ‘Too Big To Fail’. CNBC host Joe Kernen takes sides with the Occupy Wall Street protesters and asks Buffett whether we can regulate them to “keep them honest” or whether we need to “break them up”. Buffett responds in the video below
Video: Warren Buffet says euro zone has “fundamental flaw”
Warren Buffett was on CNBC this morning for three hours talking about a whole range of issues from the European sovereign debt crisis to too big to fail to housing in the US to penalties for corporate crime. The video of Europe is below, with more to follow
Jon Stewart on Warren Buffett and the Class Warfare meme
Jon Stewart has noticed that Fox News is selling viewers on the view that ‘socialists’ like Warren Buffet and Barack Obama are engaged in class warfare. He presents an amusing view; take a look
Charlie Rose: An Hour with Warren Buffett
On Monday, Warren Buffett wrote a widely-discussed New York Times opinion piece, “Stop Coddling the Super-Rich” about taxes in America. I think his subsequent appearance on the Charlie Rose show was really good at explaining his views and creating a meaningful dialogue on the issues of taxes and inequality. Video below
David Sokol’s abrupt resignation
David Sokol, widely considered the heir apparent to Warren Buffett, has abruptly resigned from Berkshire Hathaway’s subsidiaries after it was revealed that he profited from the purchase of a publicly-traded company made by Berkshire. The SEC is likely to investigate. This looks pretty ugly if you ask me. Sokol will talk to CNBC tomorrow at
Gold and Guns
Here’s another classic video, this time on Gold! Who comes up with this stuff? Classic. Hat tip Scott. &#
Warren Buffett: “We’re still in a recession.” Technical recoveries don’t count.
Warren Buffett wants his street cred back! He’s coming down on the side of most people on main street who believe the recession is still ongoing despite what the NBER stat gurus say. Reuters quotes: "We’re still in a recession," Buffett told CNBC television in an interview broadcast on Thursday. "We’re not gonna be out
Charlie Gasparino Takes Negative View on Warren Buffett’s Ratings Agency Testimony
Charlie Gasparino rips Warren Buffett for his stance on the ratings agencies and their role in creating the financial crisis. Here’s the money quote: He believes that [rating credit is] a sleazy business and it makes a lot of money so he’s gonna own it. Well, that takes Warren Buffett down three notches in my
Warren Buffett’s Letter to John Dingell Circa 1982
Last year I told you that Berkshire had 62 derivative contracts that I manage. (We also have a few left in the General Re runoff book.) Today, we have 94 of these, and they fall into two categories. First, we have written 54 contracts that require us to make payments if certain bonds that are
Gross disagrees with Buffett, finds ratings agencies ‘nonsensical’
While Warren Buffett is out tarnishing his reputation with quotes about how "phenomenal" the ratings agencies’ business model is, Bill Gross is accusing them of aiding and abetting the financial crisis. Here’s a quote from Bill Gross’ latest monthly missive. In it, he is quite dismissive of the ratings agencies and implies they were enablers
Links: 2010-02-25 – inflating, Buffet myths, Buiter’s predictions and more
The Pragmatic Capitalist – The Many Myths of Warren Buffett Morgan Stanley – Global Economic Forum – Default or Inflate or… Time to Press China on Its Exchange Rate – Economix Blog – NYTimes.com FT Alphaville – Neil Hume – Buiter’s back S&P May Downgrade Greece Within Month on Budget Risks – Bloomberg.com Obama may
CNBC: One-On-One with Buffett
The video is pretty all-encompassing and runs just under 30 minutes. Buffett is down on Kraft-Cadbury, raising rates and the bank tax. He is up on Wells Fargo. That sums it up pretty well. Quotes On Wells: Well, my guess is that the revenue and all of that is more or less like