OnTheShouldersOfGiants Posted March 15, 2014 Share Posted March 15, 2014 Does anybody have a link to the full interview from yesterday? Link to comment Share on other sites More sharing options...
fwallstreet Posted March 16, 2014 Share Posted March 16, 2014 Didn't catch it live so don't know how long he was on for, but here's a good 15 min clip with a couple more down the article. The main one includes his comments on large market drops (and how he doesn't foresee one in near future). http://www.cnbc.com/id/101494538 Btw, great handle! Link to comment Share on other sites More sharing options...
SwedishValue Posted March 16, 2014 Share Posted March 16, 2014 Thanks! I very much appreciate his comments on bitcoin, it's about time people get to hear it from someone with unquestionable integrity and intelligence. Link to comment Share on other sites More sharing options...
Straddle Posted March 16, 2014 Share Posted March 16, 2014 What's that book he's talking about at 04:09? Link to comment Share on other sites More sharing options...
cubsfan Posted March 16, 2014 Share Posted March 16, 2014 What's that book he's talking about at 04:09? http://dealbook.nytimes.com/2014/02/25/geithners-book-has-a-title-stress-test/?_php=true&_type=blogs&_r=0 Link to comment Share on other sites More sharing options...
Crip1 Posted March 16, 2014 Share Posted March 16, 2014 I totally forgot about this being on, else I would have taken the morning off of work on Friday. Besides Buffett's insights, I do find it interesting watching Becky Quick and Joe Kernen. Becky is acutely aware that the guests (Buffett and Gilbert) are the stars of the show. She asks interesting, probing questions and let's the guys talk. Kernen wants to be the "star" and will add his two cents (the literal and figurative value of his comments) which do not add to the content of the discussion but seem to me to serve as "I'm smart, too". Yes, this is an entertainment business and CNBC wants to be entertaining, but sometimes Kernen needs to step back completely and let the business people talk business. -Crip Link to comment Share on other sites More sharing options...
Mephistopheles Posted March 16, 2014 Share Posted March 16, 2014 Personally I like Kernan's presence because he makes for a great comic relief. Link to comment Share on other sites More sharing options...
moody202 Posted March 16, 2014 Share Posted March 16, 2014 Kernan adds no value! Not sure what his purpose is on the show. Link to comment Share on other sites More sharing options...
wescobrk Posted March 16, 2014 Share Posted March 16, 2014 I agree Becky does a good job of keeping the focus on the guests. I don't like how kernan takes forever to formulate his question. That being said, I do find him funny sometimes. Link to comment Share on other sites More sharing options...
Guest longinvestor Posted March 16, 2014 Share Posted March 16, 2014 I totally forgot about this being on, else I would have taken the morning off of work on Friday. Besides Buffett's insights, I do find it interesting watching Becky Quick and Joe Kernen. Becky is acutely aware that the guests (Buffett and Gilbert) are the stars of the show. She asks interesting, probing questions and let's the guys talk. Kernen wants to be the "star" and will add his two cents (the literal and figurative value of his comments) which do not add to the content of the discussion but seem to me to serve as "I'm smart, too". Yes, this is an entertainment business and CNBC wants to be entertaining, but sometimes Kernen needs to step back completely and let the business people talk business. -Crip I suppose they bring folks like Buffett and Gilbert on the show occasionally to still stay relevant in the eyes of investors. Because much of the rest of their shows with idiots like Cramer, Kernan et al, are aimed at peddling the exact wrong advice (buy when it is time to sell and vice versa) clothed in silliness and stupidity aimed at helping the market makers steal money from the naïve participants. Link to comment Share on other sites More sharing options...
Mephistopheles Posted March 16, 2014 Share Posted March 16, 2014 Anyone find it interesting that he had a cherry coke and a classic coke with him on the show? I thought he only drinks cherry. Link to comment Share on other sites More sharing options...
Kiltacular Posted March 17, 2014 Share Posted March 17, 2014 transcript: http://www.cnbc.com/id/101495338 GILBERT: WARREN ARE YOU SURPRISED THAT WITH THE AMOUNT OF CAPITAL THAT IS ON THE BALANCE SHEETS OF MOST BIG COMPANIES AND THE INTEREST RATES BEING SO LOW THE LACK OF CAPITAL INVESTMENT THAT PEOPLE EXPECTED -- IF YOU WOULD HAVE TOLD PEOPLE THERE WOULD BE SO MUCH CASH ON BALANCE SHEETS, THEY CAN'T GET A RETURN IN INTEREST RATES, WHY AREN'T COMPANIES AND EVEN INDIVIDUALS TAKING BIG CAPITAL INVESTMENTS? THAT'S THE PART I'VE NOTICED. IT SEEMS PEOPLE ARE WAY MORE RISK AVERSE THAN THEY HAVE BEEN. BUFFETT: WELL WE HAVE INVESTED RECORD AMOUNTS BUT THE INTERESTING THING IS THE BIGGEST AMOUNT OF CASH IS ON THE BALANCE SHEETS OF COMPANIES THAT DON'T NEED CASH. IF YOU HAVE AN EXTRAORDINARILY PROFITABLE BUSINESS, YOU KNOW, WHETHER IT'S APPLE OR WHETHER IT'S MICROSOFT OR WHATEVER, THE CASH JUST ROLLS IN. YOU DON'T HAVE THINGS TO PUT IT IN. YOU PUT A LOT IN R & D BUT THAT GETS EXPENSED. THE RETAINED EARNINGS REALLY DON'T HAVE A PLACE TO GO IN MOST OF THOSE COMPANIES. THAT'S THE REASON THEY'RE WONDERFUL BUSINESSES. GOOGLE IS TRYING TO USE IT IN A FEW OTHER WAYS A REALLY HIGHLY PROFITABLE BUSINESS GENERATES CASH AND THEY DON'T USE IT. GILBERT: SHOULD THEY BE RETURNING IT TO THE SHAREHOLDERS? BUFFETT: PROBABLY. Link to comment Share on other sites More sharing options...
JBird Posted March 17, 2014 Share Posted March 17, 2014 Thanks for posting the transcript. BUFFETT: WE ACTUALLY IN THE UNITED STATES HAVE ALMOST ELIMINATED OUR CATASTROPHE INSURANCE BUSINESS. Surprised by that. Link to comment Share on other sites More sharing options...
dcollon Posted March 17, 2014 Share Posted March 17, 2014 I thought Mr. Gilbert asked the best questions during the interview. They should have him back whenever they have an intelligent guest. That way we wouldn't have to listen to Mr. Kernen's stupidity. Thanks for posting the transcript. Link to comment Share on other sites More sharing options...
OnTheShouldersOfGiants Posted March 17, 2014 Author Share Posted March 17, 2014 Thanks guys for the links and transcript. Link to comment Share on other sites More sharing options...
kiwing100 Posted March 18, 2014 Share Posted March 18, 2014 Thank you very much for posting the link Link to comment Share on other sites More sharing options...
value-is-what-you-get Posted March 18, 2014 Share Posted March 18, 2014 I thought Mr. Gilbert asked the best questions during the interview. They should have him back whenever they have an intelligent guest. That way we wouldn't have to listen to Mr. Kernen's stupidity. Thanks for posting the transcript. +1 Link to comment Share on other sites More sharing options...
Crip1 Posted November 5, 2014 Share Posted November 5, 2014 Resuscitating this from the dead...the post above discusses, among other topics, Joe Kernan. Well, this little clip from earlier today demonstrates the level with which he is ill-equipped to be on television. Really sorry stuff. https://www.youtube.com/watch?v=qWmLjBEyFMg -Crip Link to comment Share on other sites More sharing options...
JBird Posted November 5, 2014 Share Posted November 5, 2014 Resuscitating this from the dead...the post above discusses, among other topics, Joe Kernan. Well, this little clip from earlier today demonstrates the level with which he is ill-equipped to be on television. Really sorry stuff. https://www.youtube.com/watch?v=qWmLjBEyFMg -Crip That was brutal. He wasn't just rude, he made an idiot of himself. Link to comment Share on other sites More sharing options...
CorpRaider Posted November 5, 2014 Share Posted November 5, 2014 He's not the sharpest tool in the bag. He was fine doing the quick hits earning updates and dropping his little jokes and whatnot but an anchor? In what universe? Link to comment Share on other sites More sharing options...
valueorama Posted November 6, 2014 Share Posted November 6, 2014 Resuscitating this from the dead...the post above discusses, among other topics, Joe Kernan. Well, this little clip from earlier today demonstrates the level with which he is ill-equipped to be on television. Really sorry stuff. https://www.youtube.com/watch?v=qWmLjBEyFMg -Crip Vow!! new low. Couple of highlights: 1. You guys use Euro?? why not Sterling. Scotland, dont they use Scotish pound?? Northern part(northern ireland) uses pound why not the southern part? 2. Arent you guys part of the same island as Scotland? I am sure some irish folks will be really upset with this idiot on so many levels. Not knowing geography, countries, currencies used, etc. Link to comment Share on other sites More sharing options...
OracleofCarolina Posted November 6, 2014 Share Posted November 6, 2014 I know he likes to interrupt folks and talk a lot ...I didn't realize he was a MIT grad Link to comment Share on other sites More sharing options...
JBird Posted November 6, 2014 Share Posted November 6, 2014 I know he likes to interrupt folks and talk a lot ...I didn't realize he was a M.I.T. Grad Neither did MIT. Link to comment Share on other sites More sharing options...
QLEAP Posted November 6, 2014 Share Posted November 6, 2014 He is a total jerk, his parents named him appropriately. A year ago or so ago, he cracked a racist joke on Indians and 7/11 that was in extremely poor taste. Link to comment Share on other sites More sharing options...
peter1234 Posted November 6, 2014 Share Posted November 6, 2014 I know he likes to interrupt folks and talk a lot ...I didn't realize he was a M.I.T. Grad Neither did MIT. ;D Link to comment Share on other sites More sharing options...
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