Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., speaks about his investment strategy, friendship with Microsoft Corp. co-founder Bill Gates and the outlook for the U.S. economy.
He spoke yesterday at the Economic Club of Washington D.C., in a discussion with David Rubenstein, co-chief executive officer of Carlyle Group LP. (Source: Bloomberg)
00:00 Academic career; Lorimer Davidson meeting 09:28 Early investment in Berkshire Hathaway 10:22 Investment strategy; Internet use; bridge 13:14 Bill Gates; taxes; U.S. budget deficit 20:21 U.S. economy; euro's future; emerging markets 22:23 China; Coke; Geico; Berkshire "perfect shape" 30:43 Aspirations; Buffett's will; investment advice 34:27 Philanthropy; stock-picking talent; Washington Post 39:43 U.S.'s "secret sauce;" Berkshire stock
Running Time: 43:20