The country should have a “sustainable path,” says Warren Buffett, Berkshire Hathaway chairman & CEO, but Congress should “fight it out” without putting the nation’s credit at risk.
issues. what’s going on at benjamin moore now? we heard an employee was you fired. benjamin moore has been around over a hundred years. i made a promise to the dealers that we were going to stick with that and would not go with the big boxes. meaning the home depots and so on. that was enormously important. i did a video so there wouldn’t be any question. i found we were about to sign with one of the big boxes. i had to make a change. we have a commitment toll to the dealers. we take care of them; they take care of us. i encouraged who was put in. recently we had to make a change for a reason i can’t get into.
Warren Buffett, Berkshire Hathaway chairman & CEO, banks are in the best shape that I can remember and the portfolios are in good shape. The big problem is “they all have more money around than they would like,” Buffett says.
basically i’m buying businesses and bank stocks for that matter in terms of what’s going to happen in the future not for what’s happened in the past. i can go back with bank of america. i read a book 55 years ago. i can go back to the san francisco earthquake. they thought it was a down day and turned out to be a good day for bank of america. what really counts is the future. in the future, banks will have to carry, particularly larger banks are heavier capital. banks are in the best shape i can remember. they’ve built up capital enormously. portfolios are in good shape. big problem they have now is getting out more money. they have more money around than they would like. they are not reluctant to loan.
Warren Buffett, Berkshire Hathaway chairman & CEO, weighs in on the government’s inquiries into JPMorgan’s banking problems. “Jamie (Dimon) will survive, he knows how to run a bank, Buffett says.
Warren Buffett, Berkshire Hathaway chairman & CEO, compares the pros and cons of both beverage companies.
basically i’m buying businesses and bank stocks for that matter in terms of what’s going to happen in the future not for what’s happened in the past. i can go back with bank of america. i read a book 55 years ago. i can go back to the san francisco earthquake. they thought it was a down day and turned out to be a good day for bank of america. what really counts is the future. in the future, banks will have to carry, particularly larger banks are heavier capital. banks are in the best shape i can remember. they’ve built up capital enormously. portfolios are in good shape. big problem they have now is getting out more money. they have more money around than they would like. they are not reluctant to loan.
