Bloomberg News

Buffett Sees No U.S. Recession Unless EU Crisis Spreads

June 06, 2012

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

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