http://www.pbs.org/nbr/site/onair/gharib/warren_buffett_visits_wall_street_110930/
On the US economy
The economy is doing pretty well. We own 70-plus businesses. We own about five that are associated with home construction. They`re flat on their backs and they`re just like they`ve been for three years now, four years, almost. And so there`s been no bounce there. Everything else is moving forward. We have businesses that serve heavy industry. They`re moving forward. We have consumer business. We have three jewelry chains. We have four furniture operations. Their sales are improving.
On Europe
They`re very concerning. They have got a tough hand to play but the world will go on. Europe will be a bigger, better market five years now and 10 years from now than it is now, just like the U.S. will.
1 comment:
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