Evan Davis of BBC visited Omaha to interview none other than
Warren Buffett . The interview includes questions on the current financial crisis, investment philosophy and his private jet.
Notes On Warren Buffett's Interview On BBC
Notes On Warren Buffett's Interview On BBC
- We will do foolish things again, even smart people will do foolish things
- Its infuriating for people to see their friends lose their jobs, lose their house, and see that no one is going to jail for it
- Gets good terms on investments because he had money when no one else had it.(Referring to terms on GE & GS investments)
- The liquidity of stock markets causes people to focus on price action
- Your doing the right thing, referring to investments, if you focus on the stream of income the asset will produce
- Warren Buffett believes in a progressive tax on income
- Considers himself lucky due to the fact he was born at the right place and at the right time
