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Warren Buffett Watch
Warren Buffett: Hi Mark, we're getting a lot done up here. (Laughs.)
Mark:I don't know, I guess, I, I believe you. Yeah.
Warren: (Laughs) We never stop working.
Mark: I'd be looking out the window, I'd be having a cocktail or two, but if you want to work, sure.
Warren: I'm having a Cherry Coke actually as we speak.
Mark: You know, I've got to ask you a question because I really want to hear the answer and I know you ducked it. What do you think is the best currency in the world right now to own?
Warren: (Pause.) I don't think it’s the U.S. Dollar. (Laughs.)
Mark: O.K.
Warren: That's as far as I'll go. (Laughs.)
Mark: I've been ducked as I expected. Thank you very much, and hey, have a great flight. And, ah, ah, you own a furniture company, right?
Warren: We own a bunch of furniture stores. We have five different furniture chains. We have the two largest furniture stores in the country in Omaha and Kansas City. And we have fellows that represent those stores on board and also our chain that's based in Salt Lake City called RC Willey.
Mark: You know, I don't think a lot of people realize how much of a force China has become in the furniture industry and even, I was surprised to learn, even at the high end.
Warren: Well, our total furniture operation will do what this year, about, probably, it's approaching $2 billion. So we have a pretty good sized retail operation. And that's home furnishings, and that counts on consumer electronics, carpeting and that sort of thing.
Erin: All right, well look guys, we'll let you get back to work.
Warren: I'll turn you back to Becky. She seems to know what's going on here.
Becky: Well, Mark, I don't know what you said to him but you got him to toss the phone back to me like a hot potato. (Laughs)
Erin: We're lucky he didn’t hang up on us, Beck. (Laughter.)
Mark: Actually, it was Erin and as soon as Erin came on the line he said goodbye. (Laughter.)
Erin: O.K., have a great trip and we'll talk to you as you go through.
Becky: All right. Thanks a lot, guys. Talk to you later.
Becky will continue to report on her experiences On the Road with Warren Buffett both on CNBC's Squawk Box (6a-9a ET weekdays) and here on Warren Buffett Watch.
Questions? Comments? Email me at







