Thursday, March 17, 2011

An Interview with Warren Buffett of Berkshire Hathaway

I was alerted to this article of an interview by the Financial Crisis Inquiry Commission in May 2010.  The interviewee is Warren Buffett, world famous CEO and investment manager of Berkshire Hathway.  I do not think he needs an introduction here.  Some topics discussed were:
  • Ratings agencies
  • Credit bubble
  • Invest in companies with pricing power
  • Mark to market accounting
  • Fannie Mae and Freddie Mac
  • Derivatives
  • Government intervention during the crisis in 2008
  • AIG
  • Management compensation

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