More Warren Buffett on CNBC

By Edward Harrison On Mar 9, 2009

Warren Buffett answers questions from viewers on CNBC. He talks about his investment philosophy and recent stock picking performance. He bought ConocoPhillips at the top. And he made poor investments in Irish banks. About Wells Fargo, he says “the spreads are enormous.” And he still likes US Bancorp and defends his S&P 500 derivatives bet.

By the way, he reluctantly backs a bailout of GM and at the end of the videos seems to suggest he sees a market economy as inherently unstable a la Hyman Minsky. Very interesting stuff.

See the videos below.

Update 10:15 AM: Two more videos from CNBC below.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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