Short clip from Buffett's appearance Friday on Good Morning America.
It's worth watching. He gives some decent color on the operating environment he sees in the varied companies of Berkshire. Prognosis: negative. Freefall is over; recovery is nowhere in sight.
I'm not going to plow through another anti-Keynesian rant, having done it here, here and here already. Buffett says the first stimulus was akin to taking half a viagra mixed with candy. This we need to discuss. I don't have time to find the links, but Dealbreaker has covered his obsession with Becky Quick of CNBC, his off-color comments to someone (probably Becky) that not listening to Bear Stearn's desperate pleas would be like saying 'no' to your date who asked if you would like to see her undress. He really said that on-camera.
D'ya notice how he hugs the young ABC reporter, Bianna Golodryga when they greet in the 2nd clip. That's not even close to typical. The viagra comment seals it. Buffett gets his fill from discussing the economy with attractive women as he peppers the colloquies with sexual innuendo. It's his interview fetish. Watch.