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Warren Buffett Watch


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TRANSCRIPT/VIDEO PART ONE: Three Hours With Warren Buffett - Live From Omaha

Published: Friday, 22 Aug 2008 | 10:08 AM ET
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By: Alex Crippen
Executive Producer

QUICK: Welcome back, everybody, to this very special edition of SQUAWK BOX. Yeah, you hear the "Love Boat" music playing today. We are in Omaha where last night we got to watch a new movie premier that came out. We're going to be talking about that more. But we figured while we had Warren Buffett here and we're in this movie theater of sorts, Warren, we'd ask you about the first time you ever took a date to a movie theater.

BUFFETT: It was in eighth grade right here in Omaha, and a friend of mine wanted particularly to ask out one girl and he was afraid to go by himself, so he talked two others of us to each asking a girl. And we picked these girls up sequentially to go to the streetcar, and they lived miles apart. By the time we got to the streetcar they were all exhausted, and we came downtown to the movie. We picked a movie called "The Cat Woman" with Simone Simon and "The Mummy's Hand" with Lon Chaney. And we felt that the girls would get terrified and jump onto our laps or something of the sort. And what happened is, instead, we got terrified, and the boys jumped on each other's laps. The girls were very cool. We finally got them home, and I don't think anybody ever when on another date for about two years after that.

QUICK: All right, so it cured you the first time out. We'll take it as that. You know, Warren, we have a lot more to talk about with you today. That was a quick little fun one, but we also want to start asking you about some of the holdings of Berkshire Hathaway and where you see the economy going. We're going to get to all of that in just a few minutes.

CLICK HERE FOR PART TWO OF THE TRANSCRIPT

Current Berkshire stock prices:

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