If you want a rare treat, and a sense of who Warren Buffett is, and how he thinks, check out the videos and transcript of CNBC’s interview with him today. It’s three hours long, in seven parts, but you can skip around, and when you are tired of the video, read the transcript to save time. Just checking a small amount of the video is worth it. He is a nice guy.
Although I have not been through the entire interview, it is pretty clear he is not predicting when the turnaround will occur, except to say that it will take time. He is optimistic about the economy, and likes what Barack Obama is doing.