Warren Buffett On Hurricane Harvey, The U.S. Economy And His Stock Holdings (Full Interview) | CNBC

Warren Buffett, Berkshire Hathaway, speaks with CNBC's Becky Quick about Hurricane Harvey, the U.S. economy and his stock holdings.
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Warren Buffett On Hurricane Harvey, The U.S. Economy And His Stock Holdings (Full Interview) | CNBC

[@Bmayo27]

Thank you CNBC for uploading the entire clip and not making me click through 15 different clips!! It is very much appreciated!!

[@luisgrod0]

He only speaks wisdom

[@interests1094]

yup and is that a real bar??

[@marocainaujapon]

Happy birthday warren. We always learn a lot from your wisdom.

[@josefinschwartz8309]

Warren buffet always have some different numbers in he's head. ALWAYS! Love to hear this man speak. So mutch knowledge.

[@Jaytraveler2]

josefin schwartz you took the words right out of my mouth, thanks!

[@nickclark18]

josefin schwartz maybe he can teach you how to spell the word much.

[@MrBILLSTANLEY]

Always impressed by Warren Buffett's broad understanding of business in America and around the world. Also, want to compliment CNBC's Becky Quick. Her incisive questioning and detailed understanding of the markets and business in general was impressive. Excellent interview!

[@Ty.611]

Bill Stanley she did a great job?!!!

[@craftycandlesbymarci]

+T.M.J 611 no she didn't she asking simple minded questions lol but I guess that's why she need to ask them for ppl like u

[@yshahadah]

HAPPY BIRTHDAY. MR.W.Buffett!!!!

[@michaelenyinna9398]

Happy birthday mentor' you inspire me every day

[@rumo8306]

Look how fast he computed 72 years of worry from 1945... dude is amazing i would love to meet him and pick his brain-straight Genius!

[@warrenbuffett3006]

Thanks to you,email me for a private [e-mail]

[@armanbazurov2649]

Thank you Mr. Buffett. Wish you good health and happiness!

[@warrenbuffett3006]

You welcome,email me on [e-mail]

[@jerryforeman4543]

Excellent interview!

[@plum413]

Thanks

[@AaronBlackmor]

24:25 "Too bad there's not enough there for you..." What a hilarious little on the fly gem of a joke! This guy is so sharp and with it still after all these years!

[@siridad]

love this guy!

[@allenwarfield]

Did anyone catch Warren's diss at 24:27 ?

[@user-oh3jo3mi9t]

I wonder if age is finally catching up with him?

[@aquasurfer9]

The area that had huge flooding is about 250 x 100 miles. I estimate that as about the same size as lake michigan or pennsylvania. Imagine lake michigan rising 3 feet in 3 days or pennsylvania getting 3 feet of water across the whole state.

[@ridvanrideon]

Happy birthday Mr Buffet.

[@WillChousThoughts]

Ive watched every interview shes ever done with him (every video on him really)

[@Quancept]

happy birthday warren!

[@benchokwaiman]

Happy Warren :) I would like a piece of that cake !

[@sanguineel]

I heard Warren mention "super caps". What is he referring to? When I google it I just end up with results about super-capacitors.

[@brianpaul21]

That Developer Guy Super Caps (Super Market Capitalization) are the largest companies listed. Like Amazon or Apple at nearly a trillion dollar market capitalization (market cap). Conversely, a penny stock would be a micro cap. Cheers.

[@SumedhKadoo]

Its super cat (super catastrophe reinsurance). Google that, you should get more info.

[@brianpaul21]

Oops! Semudh has it correct!! I took the question in the wrong context.

[@sweat342]

Gr8 interview by the legend Mr. Buffett favorite quote of the interview was " “We have developed over the past 72yrs (the atomic bomb) ability to destroy civilization” really made me stop and think... Nonetheless, Happy bday Mr. B and many more. Thanks to CNBC for t he upload and share of this interview, bc I tried so hard to b here for it "live" and couldn't due to trading hours. Cheers

[@jerryforeman4543]

Happy B day Mr. B!

[@ericragnar3069]

Gotta love Becky quick

[@LampOfMagic]

there it is. insurance. no person does anything unless they are directly affected by it

[@Notrocketscience101]

87 years old!!!

[@conniewalker-carter5835]

God Bless and Keep Glide Memorial Methodist Church and Mr. and Mrs. Buffett for enduring support for Glide and Rev. Cecil B. William's Christ Community.

[@fredulanday]

This man should run for President....

[@fredulanday]

Selig Tenenbaum right...no, i never mentioned its because he can make money off money... the fact that he has highly rational decision making skills, has seen the ups and downs of American society throughout his many years, is using wealth to benefit society (most of his wealth is being donated to various charities including the gates foundation), sees the huge potential of America(read his quarterly statements and other interview), on the right side of gender issues, just to name a few. yah its because he can make money off money FOH

[@zacharywilder140]

I would have voted for Buffet over Trump. You think Trump has more wisdom in running a country than Buffet? You are clearly braindead. Buffet is intelligent enough, he just never wanted the job.

[@HamiltonRb]

He talks common sense as well as reading financial reports. Trump can do neither as evidenced by his going bankrupt 5 times and what he tweets out daily, like a 10 yr old.

[@HaiTran-fi1uc]

Buffett needs to be president.

[@nikhilgoyal007]

09:33 : he says 2% growth for 25 years adds $18K to the per capita gdp - 2% for 25 years compounded is 64% on principal. for a $58K ($20T/340m) gdp it would mean $95K in 2042 ( addition of $37K ). is he implying $19K of that would be inflated away and $18K would be gain in real terms ?

[@nikhilgoyal007]

I guess part of it is the population growth component too . difficult to figure out the break up unless take population and inflation #'s as axioms .

[@joeoconnor2847]

BAC fees have have been on the rise recently

[@TheBohemianStyle]

I would love to meet Warren Buffett. He appears to be a nice person and a joy to have conversation with. I didn't know it is his Birthday and I have to say, he looks great! I didn't know he had shares with Apple and the Fargo Wells bank.

[@narumoljongsawat5070]

Rate last your for vat use in market go none vat in prove berent and derent flat on often cost flat vat.

[@FrankCastle1993]

I imagine if one of us pay 2.6 million usd for 1-2 hour lunch, and when we ask for investing strategy, i could imagine Mr Buffet would say the same thing like we watch in youtube. Well at least it goes to charity right

[@mialiasia224]

Sees Candies ♥

[@helenwood1]

Glide is great and I am amazed and thrilled WB is giving in this way! HOWEVER, Harvey isn't that remote of a possibility. Houston has an event about every 15 yrs and the severity of events will increase, climate denier or not. YET, development and growth continue there. Hmmmmm? I doubt BH fund takes those kinds of chances.

[@backspace4353]

I love Buffett but, if the insurance rates are going down then, why the f6ck do my rates go up every year on both my two cars and my rental properties? with GEICO????????????

[@johnj8361]

He was talking reinsurance.

[@NKM10212]

Happy b day

[@LUCID99999]

Nice Coke plug Warren, been watching Elon for some salesman tips 😉

[@carlosmontilla1804]

Jetasin Elon is more of an innovative man than a business man like warren but still a lot of knowledge from both

[@ryanroebuck42]

I really like Mr. Buffett, especially his philanthropy, but that Coca-Cola product placement seems a little over the top.

[@warrenbuffett3006]

Thanks buddy,email me on [e-mail]

[@rc892]

Are they going to eat?

[@going2sleep]

Let's see what the second most wealthiest man in U.S going to do to help with this disaster. He has very influential companies. Insurance.

[@tomtomtomtom691]

I would have paid 2.76 million to ask him about IBM

[@jonathanclarke281]

There are obvious reasons why Warren won´t answer some of her questions bluntly. I think now I understand why wealthy people have huge gates around their properties. We all want to protect what we have, even if it isn´t much!

[@PreciousBoxer]

Mandatory insurance is a bailout for the banks, in every which way shape and form. If he wanted to help, rather than advocating for more failed government involvement, he would likely have no problem getting Congress to administer a retrograde negative income tax. It could easily be funded by indicting the characters invested in tax havens.

[@clarencewhite8134]

WORLDAASS NEWS.WARREN BUFFET WE IN BUSINESS TOGETHER.CLARENCE A WHITE.

[@hihai_TV]

A billionaire that actually would make a good president

[@designer-jocks_mc6517]

#TheWBuff

[@johngalt1961]

All flood insurance is adversely selected. It's a taxpayer-funded subsidy for people who build houses in stupid places.

[@Ty.611]

Gotta have money in the bank to have insurance. No insurance company is trustworthy after this CNBC clip with Buffett is in this to get insurance company's under-control by the ignoring 📝 . Only entrepreneurs fix our problems they are the people who run this country. Get a big successful business to take care of your community and all community in every state or country will be fine! Happy birthday 🎂🎈🎁 W.Buffett

[@Ty.611]

Heads up take care home then take care business and let business take care home or community 2in1.

[@cryptoguruguy8965]

we are very wealthy country and we create wealth yeah plenty for the 1% not the 99%

[@cryptoguruguy8965]

yeah the 1% his company over the years have shipped jobs overseas reducing the wealth of Americans

[@cryptoguruguy8965]

i would hire people if i could have some of the wealth of 1% and stop them monopoly on the system

[@ChrisMFlorida]

Most of the 99% doesn't not try to create wealth or even save. They are extreme consumers who must have the latest gadget or new car. This is how you stay at the bottom folks.

[@boragamerz9145]

I'm 100% sure that you are poor intellectually!

[@sidgoku1694]

Chris Vandernaald THIS IS THE TRUTH.

[@AlonsoAvinaChito]

I am a Targeted Individual Being Attacked With Directed Energy Weapons by The U.S. Government and I am a Human Subject to a Military Electronic Experiment.

[@catarinobernardojoao1824]

Bill gate sponsor

[@TheKJVBibleAdvocate]

She's a cutie pie.

[@jesusjuansanpascual9066]

Becky Quick

[@antoniogaul670]

I agree man she is a hot blonde.

[@TheKJVBibleAdvocate]

CyBeR x EvIl hahaha :D

[@mustafabaris9681]

She really is and I am very convinced that Buffett has a secret crash on her ..!

[@antoniogaul670]

Mustafa Baris The same here

[@itsmejohnson5931]

he's drunk..well managed!!

[@boblong6796]

Lol mdzl by the female trying to create a business case. Thank god she doesn't work for Berkshire lmao.

[@shaunrice7932]

Why is it that he was laughing and making jokes and having fun in the interview. And she was sitting there so uptight so serious she didn't even make the interview fun. Who selected her to do the interview for the TV station. She's not good at it at all

[@kelvinseverine182]

Her job is not to be funny, those were serious topics, she needed to be focus

[@kelvinseverine182]

+kelvin severine focused*

[@nickclark18]

Warren is the richest non Jew I have ever seen

[@chris0000924]

Great Dragon Henry Ford?

[@Ri5004]

Has he donated anything to the Harvey victims?????

[@vivacious-1970]

Ri5004 i wish he did, but haven't heard anything from him yet 😪

[@jamesm.3967]

Takeaway: he's suspicious by nature. So if he is impressed by something or someone then that is a big deal bc it is difficult to make an impact on him. Has a cough...takes a drink of water. Not! Coke!

[@user-oh3jo3mi9t]

Buffett said "Ahh" forty-seven times. Not his sharpest interview.

[@boragamerz9145]

Formula One So you watched the interview and only listened to "ahh" and count them? That wasn't intellectually sound way of consuming interview information.

[@jimd.colgan]

Formula One All that means is *"he thinks before he talks"* , a rare commodity these days.

[@jkhdfkjashdfk]

I wish she'd no ask political questions. He's a business and Investing master. Why waste his time on subjects he's not an expert on?

[@diamond852]

jkhdfkjashdfk You think business and investment are separate from politics? Lol

[@ezra4517]

Blew if you've read or heard his speeches, politics have no bearing on his investment strategy. He even said that if Alan Greenspan told him what he had planned on doing a year in advance it would absolutely have no bearing on him. That's what makes warren buffet so good. He doesn't let speculation and emotions dictate his strategy. He analyzes businesses and comes to his own conclusion. Just like Ben Graham lays out in the intelligent investor.

[@jkhdfkjashdfk]

I've been an avid Buffett follower for two decades. I have read just about every book written about him. His politics have absolutely nothing to do with his business and investments. In fact, they are often in contradiction to each other.

[@almamatermit2529]

Happy Birthday, Warren Buffett. Warren Buffett is one intelligent man. I'm very happy I own 5,000 shares of Berkshire Hathaway. I'm very happy Warren voted for Madam Hillary Clinton! There is a reason Warren voted for Hillary Clinton. I also voted for Hillary Clinton.

[@brianpaul21]

John Doe so you're worth 1,355,000,000? Congratulations indeed.

[@almamatermit2529]

Brian H. I have a degree in economics from MIT. I currently have many health issues. Leaving my wealth to my family.

[@brianpaul21]

John Doe sorry to hear about your health, mate. Luck family though! You don't feel late making a late in life adoption by chance!!?? Haha. Kidding. Hope you make a strong recovery. All the best.

[@steven3379]

WB=BS

[@jonathanclarke281]

There are lots of jobs in the fast food service Steven!