“We’re carrying about 10 percent of all the oil that is moving in the lower 48 continental United States,” said Warren Buffett, Berkshire Hathaway chairman & CEO & chairman, discussing his outlook on transporting oil. Buffett also weighs in on why he believes the economy is slowly recovering.
“Book value is not key to valuing banks,” said Warren Buffett, Berkshire Hathaway chairman & CEO, answering a viewer’s question about what to focus on when investing in banks. Buffett also reveals why he is giving investment managers Todd Coombs and Ted Weschler, another $billion each to invest.
Warren Buffett, Berkshire Hathaway chairman & CEO, says the country has “taken a shot” at reducing the deficits by cutting expenses and raising taxes but the nation will still be left with a $trillion deficit. Buffett, also answers a viewer question about why he is optimistic about the U.S. economy.
