- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Warren Buffett to CNBC: Curbing Fed's Independence Could Lead to 'Mischief'
- Warren Buffett to Co-Chair Goldman Sachs Program to Help Small Businesses
- Warren Buffett: 'Reasonable Return is Good Enough' for Long-Haul Railroad Ride
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Warren Buffett's Berkshire Portfolio Snapshot Coming Later Today
- Warren Buffett to CNBC: 'I Haven't Bought American Express In Years'
RSS FEED
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- Dubai's Debt Woes Signal New Era for Creditors
- US Treasury Wants Banks to Do More to Ease Mortgages
- Fed Audit Would Hurt Economic Prospects: Bernanke
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Stock Selloff May Bring Buying Opportunity
- Black Friday Sales Rise by 0.5%: ShopperTrak
- Longer Lines, Fuller Carts This Black Friday
- Big US Banks May Be Forced to Raise Capital: Bove
- Bank of America Amends Pay for Senior Executives
Warren Buffett Watch
Text Size 
 |
] and Wells Fargo [WFC
Loading...
()
].But, in keeping his custom of not revealing too much, he won't say which one. Even so, investors are bidding up the price of both stocks this morning.
Buffett also sees better opportunities now in the stock market that he did a year ago. That's really no surprise given the big decline in stock prices over that time.
 |
Dave Grogan / CNBC |
They are just two of the many comments Buffett made during a series of live appearances with CNBC's Becky Quick throughout this morning's three hours of Squawk Box following last night's premiere of an anti-deficit documentary that includes comments from Buffett.
Among the highlights:
- Berkshire has no direct currency plays right now, including no bets against the U.S. dollar
- Repeats his belief the U.S. economic downturn will be longer and deeper than many people think
- The economy won't be better five months from now, but will rebound within the next five years
- Fed has a very tough job fighting inflation, which he expects will continue to rise
- No immediate interest in making an investment in Canadian oil sands, although he did find his tour of northeastern Alberta this week very interesting
- In retrospect, he made a mistake when he sold a large chunk of his Anheuser-Busch [BUD
Loading...
()
] stake before the brewer agreed to a friendly deal with InBev. Buffett said he wasn't sure the deal would go through given Anheuser's initial resistance to InBev's offer
- Made a $500 million bid for a Chinese asset that was rejected, but won't say what it was
- Expects government action to bail out Fannie Mae [FNM
Loading...
()
] and Freddie Mac [FRE
Loading...
()
], although there's a "reasonable chance" shares of the two GSEs will eventually go to zero
- Urges contributors to the John Edwards presidential campaign to file a class-action suit seeking the return of their money because Edwards "misled" them about his extra-marital affair
Current Berkshire stock prices:
Class A: [US;BRK.A
Loading...
()
]
Class B: [US;BRK.B
Loading...
()
]
Questions? Comments? Email me at
THREE HOURS WITH WARREN BUFFETT
Data is a real-time snapshot *Data is delayed at least 15 minutes