Warren Buffett chats with Cathy Baron Tamraz, CEO of Business Wire, about the payments industry, his payments industry stocks, cash and the economy as part of PYMNTS.COM's Innovation Project 2013 hosted by Harvard.
“The pace of change in terms of what customers are doing, how they pay us, how they come to us – it’s breathtaking,” said Buffett. “Any company that interacts with consumers and thinks that last week’s technology and approach is going to work five years from now is probably making a mistake.”
Watch the full interview here.
Fireside Chat With Warren Buffett and Cathy Baron Tamraz, CEO of Business Wire from PYMNTS.com on Vimeo.
See the original here.
