Warren Buffett Watch
- Warren Buffett's Berkshire Hathaway Adds GM to Holdings
- Lunch With Warren Buffett: $2 Million-Plus?
- Warren Buffett: Lady Di Called Bill Clinton 'Sexiest Man Alive'
- CNBC Transcript: Warren Buffett on Squawk Box
- Warren Buffett: We're Buying Two US Stocks
- Warren Buffett to CNBC: Mark Zuckerberg Right to Keep Tight Control Over Facebook
- Warren Buffett: Apple and Google Too Risky For Me
- Warren Buffett Reassures Shareholders on Cancer and Succession
- Warren Buffett Recently Considered $22 Billion Acquisition
- Warren Buffett 'Very Comfortable' With Berkshire Stock Buybacks
RSS FEED
MOST SHARED
- Bankia Shares Suspended Ahead of Rescue Details
- Heard in More US States: See You in Tax Court!
- British Expats Rush to Sell Euro Properties
- Why Are Greek and Italian Politicians So Bad?
- Option Bulls Take Another Shot on Idenix
- In Spain, Bank Transfers Reflect Broader Fears
- Will Europe Impose Capital Controls?
- Why HTC Is Losing ‘Relevance’ in the Smartphone War
- As Euro Meeting Fizzles Out, 2 Leaders Head Home to Tend Political Gardens
- Scots' Push for Britain Break-Up Begins in Earnest
- Top 20 European Stocks for Crisis Time: Strategist
- Curt Schilling's Video Game Company Goes Bust
- Time for Flash Sales to Adapt or Die
- What Flash Sites Are Suggesting About Consumers
- Hewlett-Packard Faces a ‘Dogfight’ for Talent: Analyst
- Laouchez: Leadership in Financial Services — Missing in Action?
- DuckDuckGo Cooks Google’s Goose: Analyst
- Growing Sub-Prime Auto Loans - New Troubles for Automakers?
- General Electric’s $4.5 Billion Dividend Slated for Buybacks
- What Would Greek Exit Mean for the US Economy?
- Big European Funds Confirm Dumping Euro Assets
- Why Are Greek and Italian Politicians So Bad?
- ECB Official: On Greece, ‘We Are Working on Plan A’
- Spain: Too Poor to Win a Singing Contest?
- China Counter-Challenges US Over Subsidies at WTO
- Is 'Equity Cult' Dead? Stocks Most Unloved in 50 Years
- Heard in More US States: See You in Tax Court!
- Scots' Push for Britain Break-Up Begins in Earnest
Warren Buffett to CNBC: U.S. Dollar Not the "Best Currency in the World" to Own Right Now
Executive Producer
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










