Warren Buffett Watch
- Warren Buffett: Stocks Will Outperform Gold and Bonds .. and They're Safer 'By Far'
- 'Buffett Rule' Introduced in Senate But Passage Unlikely Amid GOP Opposition
- Warren Buffett Matching Illinois Teen's $300 Deficit Donation
- Warren Buffett Defends His Secretary From 'Ridiculous' Attacks
- Does Warren Buffett's Secretary Really Make Over $200,000?
- Warren Buffett's Secretary 'Excited' About State of the Union Role
- Warren Buffett Offers Millions in Deficit Donations, If ...
- Warren Buffett Sings and Plays Ukulele for Chinese New Year
- Warren Buffett Partied With Jay-Z Last Night
- 'Impressed' and 'Delighted' Warren Buffett Matches GOP Rep's Deficit Donations
RSS FEED
MOST SHARED
- Obama Likely to Call for Cutting Top Corporate Tax Rate
- Greek Debt Saga Back on Center Stage for Markets
- Special Feature: Wall Street History - How Wall Street Got Its Name
- Obama to Project $901 Billion Budget Deficit in 2013
- Private Homebuilders: Dead Men Walking
- To Play Senate Cybersecurity Bill, Cramer Likes Fortinet Stock
- Consumer Sentiment Falters, Despite Job Growth
- Should Zuckerberg Get Capital Gains Treatment for His Facebook Stock?
- We're Not Greece: Italian Prime Minister Monti
- Mad Money, February 10, 2012
- In Search of America's ‘Hottest Forecasters’
- Dow vs. S&P 500: Which is a Better Investment?
- Mick Fleetwood on the MP3 ‘Dumbing Down’ of Music
- Avis on the Road to Strong Growth: Analyst
- Private Homebuilders: Dead Men Walking
- LinkedIn’s Growth Is Already Priced In: Analyst
- The Real Reason Behind Bank of America’s Rally
- 5 Hedge Funds’ Top Stocks Soar After 2011 Rout
- This Valentine’s Day Love Is Served on a Silver Platter
- Greek Cabinet Approves EU, IMF Bailout Bill
- We're Not Greece: Italian Prime Minister Monti
- Private Homebuilders in the US: Dead Men Walking
- Dividend Payout Could Hit Record Amount This Year
- With Investors So Bullish, Stock Pullback Must Be Ahead
- Obama Likely to Call for Cutting Top Corporate Tax Rate
- New York Fashion Week Fall 2012
- NetNet: Why Saving Greece Could Destroy the World
- My Funny Valentine: When Love and the Fed Collide
Warren Buffett to CNBC: Berkshire Businesses Doing 'Just a Tick Better'
Text Size 
Executive Producer
 |
Getty Images Warren Buffett |
As recently as mid-September, when asked about Berkshire's businesses, Buffett told us "we have not bounced -- but we've quit going down."
In his phone interview this morning on CNBC, (full transcript), we asked Buffett how Berkshire Hathaway's various businesses are doing right now, compared to six months ago.
There are the first faint glimmers of slight improvement in his answer. Instead of "no bounce," Buffett now says Berkshire's businesses haven't bounced "very much."
"Well, they might be doing just a tick better. Fortunately, our two big businesses, insurance and our utility business, aren't really affected that much by the recession. But most of our businesses are still feeling severe effects from the recession. They are not going down. It's stabilized. There's not this fear that was prevalent eight or ten months ago, but business has not bounced very much. It will. I don't know when, but it will. We wouldn't be putting out the equivalent of $34 billion unless I felt there's a lot of good years for America. America's best years lie ahead. There's no question about that."
The main headline, of course, remains that Buffett sees substantial economic improvement in the U.S. coming over a period of years, not months.
Current Berkshire stock prices:
 |
Class A: [BRK.A
Loading...
()
]
Class B: [BRK.B
Loading...
()
]
For more Buffett Watch updates follow alexcrippen on Twitter.
Email comments to
Data is a real-time snapshot *Data is delayed at least 15 minutes
