Warren Buffett On Gutsy Bernanke, Terrible Bonds And JCP Recovery

Unlike so many others who criticize Bernanke and his bold monetary easing policies, Buffett has always taken a positive view of the Federal Reserve’s chairman. He called Bernanke a ‘gutsy guy’ for his policies and praised him for his timely actions. Warren Buffett sat down with CNBC anchor Becky Quick for a long interview in the CNBC segment Squawk Box. Watch the video here. While expressing his views on various topics, Buffett said that the over 10 percent gain in S&P 500 should not surprise investors and is not so ridiculously high that it is guaranteed to slump. He said that it…