Alex Crippen is senior coordinating producer at CNBC.com. He started with CNBC television in 1990. Crippen began his media career in affiliate TV and news radio. He holds a degree in economics from Wesleyan University.
In a live interview this afternoon on CNBC with Hillary Clinton standing by his side, Warren Buffett again warned that the U.S. could fall into recession, if unemployment increases significantly. But he said he's not sure that will happen and he's been surprised that the employment market has held up as well as it has so far.
CNBC's Charlie Gasparino reports this afternoon that Warren Buffett may be called to testify by at least one of the defendants in the upcoming AIG fraud trial. We learned earlier this week in a court filing that the prosecution plans to ask Buffett to the witness stand. That means there's a possibility (not a certainty by any means) that both sides may be looking to Buffett to testify in the case.
CNBC Squawk-Box co-anchor Becky Quick scored a scoop early this morning with her 'First on CNBC' report that Warren Buffett's Berkshire Hathaway is paying $2.1 billion dollars to Goldman Sachs for some high-yielding TXU bonds. But don't think the purchase means Buffett likes junk bonds in general.
PART TWO: CNBC's Becky Quick traveled to Omaha, Nebraska recently to shoot additional material for her one-hour special focusing on Warren Buffett's whirlwind tour of Asia. While she was there, Buffett gave Becky an on-camera tour of the Berkshire Hathaway offices. He talked about some of the mementos he's collected and their personal significance to him, and to his investing style. Here on Warren Buffett Watch, you can see the entire walk-and-talk with Buffett and Becky. This is the second part of that conversation.
PART ONE: CNBC's Becky Quick traveled to Omaha, Nebraska recently to shoot additional material for her one-hour special focusing on Warren Buffett's whirlwind tour of Asia. While she was there, Buffett gave Becky an on-camera tour of the Berkshire Hathaway offices. He talked about some of the mementos he's collected and their personal significance to him, and to his investing style. Here on Warren Buffett Watch, you can see the entire walk-and-talk with Buffett and Becky. This is the first part of that conversation.
"Be fearful when others are greedy and be greedy only when others are fearful." That's the classic advice from Warren Buffett. This morning on CNBC's Squawk Box, Becky Quick spoke with Oak Value Fund co-manager Larry Coats, Jr., who is a Buffett-style investor. The main question: With stock prices down and increased worries on Wall Street, is it now time for value investors to be greedy? Coats has some stock picks to share.
Tonight's CNBC one-hour special on Warren Buffett focuses on how Buffett is increasingly looking overseas for investment opportunities, a trend highlighted by his recent whirlwind trip to China and South Korea. CNBC Squawk Box co-anchor Becky Quick had an "all-access" pass during that journey, traveling with Buffett the whole way. But it's not all international travel and cuisine in tonight's program. This morning, Becky showed a short clip taking us to Warren Buffett's favorite restaurant in his home town of Omaha: Piccolo's, also known as Piccolo Pete's.
When CNBC Squawk Box co-anchor Becky Quick traveled with Warren Buffett to Asia, she took a video camera along for the trip. Some of the material she shot will be appearing in the one hour CNBC special Warren Buffett: The Billionaire Next Door - Going Global that premieres tomorrow night (Friday, November 30) at 9p ET. In this web-only video clip shot with my own trusty minicam, you'll see some additional footage from Becky's "video diary" as she tells us what really happens "behind-the-scenes."
Warren Buffett will be hosting a second fund-raiser for Hillary Clinton's presidential campaign next month. The first one, in New York last June, is said to have raised about one million dollars for Clinton. The second fund-raiser will be held at lunchtime on Tuesday, December 11 at the San Francisco Hilton. It's billed as a "lunch and conversation with Mr. Buffett and Mrs. Clinton."
Britain's Sunday Telegraph newspaper says today that Warren Buffett "has emerged as a potential buyer of Northern Rock," the U.K. bank that's been slammed by the global credit crunch. Without further identifying its source or sources, the newspaper says it "has learned that Buffett ... has held talks with three of the bidders for the bank with a view to joining one of the consortia."
"I'd be very surprised if five years from now we aren't a whole lot bigger," the billionaire investor said.
The economic impact of cost cuts expected from the Kraft-Heinz merger announced Wednesday will likely be limited.
Kraft Foods Group stock surges after the company announced a merger deal with H.J. Heinz.
Warren Buffett says Berkshire Hathaway will have $9.5 billion worth of common stock in the new H.J. Heinz-Kraft Foods company.