Warren Buffett On The Economic Crisis
October 15th, 2008 • Related • Filed Under
David Jenyns posted this recent video where Charlie Rose interviews Warren Buffett on his take on the current economic crisis.
Warren Buffett is one of the world’s most successful investors and was ranked by Forbes as the richest man in the world during the first half of 2008, with an estimated net worth of $62 billion.
With such amazing success Buffet obviously knows his stuff.
Definitely worth watching …
Side note: Berkshire Hathaway recently posted its 3rd consecutive quarterly loss. Interestingly Buffett doesn’t seem worried about the losses. It may be because he’s cashed up and ready to purchase some bargains.
Comment by Angela on 3 February 2010:
the last quarter of 2009 seems promising as we have seen lots of signs of econic recovery against the massive economic recession. i hope that in 2010 all our economies would be back on track. recession really sucks.