Here's more from Warren Buffett appearance on CNBC's "Squawk Box" on Wednesday, March 2, 2011. The comments preceding each video clip below are CNBC's.
(See "The Great and Not-So-Great Warren Buffett" for my thoughts on Mr. Buffett's perspective.)
...says his company doesn't need to 'schmooze' with Wall Street or investor relations
...explains why America's 'love affair with cars' will bounce back. Would he consider buying AutoNation?
...expects an increase in aviation demand
...says that in several years demand for housing will rise
...says the United States will remain a dominant world player, but less so over time
...discusses whether he will ramp up share ownership of BYD, a Chinese electric automaker, as the company has lost some 60% from its peak in 2010
...comments on the SEC's most recent insider trading charge against former Goldman Sachs director Raj Gupta
...shares financial lessons he learned from his grandfather, insight on Berkshire's second-largest equity holding, and more
...discusses his special Fruit of the Loom tie, which he says, he wore in honor of Joe
...says he has become "more appreciative" of the railway business over the last year
...evaluates the effectiveness of the $900 million spent on advertising last year at GEICO
...expects hiring to improve in the next year. How many people will Berkshire add to its payroll?
...discusses why he is optimistic about employment and the US economy
...Mohamed El-Erian, of PIMCO, asks Warren Buffett whether he thinks high unemployment will lead to skill atrophy, expertise mismatches, and lower future productivity
...A viewer asks Warren Buffett what the impact would be if the wealthiest people in the country contributed a portion of their net wealth to the deficit
...shares his view on rapidly increasing prices paid for farmland across the country
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.
Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.
There's an easy way to boost your investment discipline...Get Real-Time Trade Notification!
