For those who may be interested:
CNN Interviews Warren Buffett
At the 1 minute mark Buffett calls Bernanke, Paulson, et al to be heroes.
At the 1:50 Buffett praises Fmr President Bush
At the 2:30 Buffett talks about his definition for the end of a recession.
At 7:50 Buffett declares that the wealthy should be taxed more to help the lower, middle and upper-middle class. He continues to say that he pays a lower tax rate than his secretary and that this is wrong.
At 10:30 Buffett talks about the addictive nature of leverage.
At 11:30 Buffett declares bonds, at the moment, to be a terrible investment.
At 16:00 Buffett says the way help the "haves" and "have-nots" is through tax policy. Buffett then goes out to say that he was lucky to win the "ovarian lottery" and that he had nothing to do with it.
At 20:40 Buffett says he would be a disaster if placed in public office and then talks about what kind of person would make a good candidate.
At 22:30 Buffett talks about influence. He then mentions that giving away most of his wealth is not just to influence people today, but in the future where individuals will have far more money and look back to see what is done now. Buffett also declares that he doesn't always know what the source of influence may be - a conversation, a book, somewhere.
In my opinion this was a very deep and fascinating interview!
CNN Interviews Warren Buffett
At the 1 minute mark Buffett calls Bernanke, Paulson, et al to be heroes.
At the 1:50 Buffett praises Fmr President Bush
At the 2:30 Buffett talks about his definition for the end of a recession.
At 7:50 Buffett declares that the wealthy should be taxed more to help the lower, middle and upper-middle class. He continues to say that he pays a lower tax rate than his secretary and that this is wrong.
At 10:30 Buffett talks about the addictive nature of leverage.
At 11:30 Buffett declares bonds, at the moment, to be a terrible investment.
At 16:00 Buffett says the way help the "haves" and "have-nots" is through tax policy. Buffett then goes out to say that he was lucky to win the "ovarian lottery" and that he had nothing to do with it.
At 20:40 Buffett says he would be a disaster if placed in public office and then talks about what kind of person would make a good candidate.
At 22:30 Buffett talks about influence. He then mentions that giving away most of his wealth is not just to influence people today, but in the future where individuals will have far more money and look back to see what is done now. Buffett also declares that he doesn't always know what the source of influence may be - a conversation, a book, somewhere.
In my opinion this was a very deep and fascinating interview!
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