Warren Buffett & The Economic Crisis

by David Jenyns on October 14, 2008

Warren Buffett is one of the world’s most successful investors and was ranked by Forbes as the richest man in the world during the first half of 2008, with an estimated net worth of $62 billion.

With such amazing success Buffet obviously knows his stuff. I just finished watching a recent interview where he offered his commentary on the current financial crisis. It’s a must watch for all…

Side note: Berkshire Hathaway recently posted its 3rd consecutive quarterly loss. Interestingly Buffett doesn’t seem worried about the losses. It may be because he’s cashed up and ready to purchase some bargains.

Ps. Thanks to Ed Dale for bringing my attention to this video :)

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{ 1 comment… read it below or add one }

Paul Tang October 16, 2008 at 1:43 pm

Hi David,

Many thanks for your very enlightening video. It’s particularly useful for people like me, living far away in Hong Kong. We have little clue as to how the Americans got themselves into the mess they are in because we have always looked upon them as sort of leaders in everything, esp. in financial matters.
Thanks again

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