Warren Buffett's Interview With the Financial Crisis Inquiry Commission
In Warren Buffett's Interview With the Financial Crisis Inquiry Commission, the legendary investor discusses how he missed predicting the crisis and its effect on the financial system. He also shares thoughts on some of the main players, like Jamie Dimon and Ken Lewis, and the logic behind the investments he made in late 2008. Buffett also talks about what he calls "the single most important decision in evaluating a business", his thoughts on the US dollar and Moody's, and why he sold Freddie Mac and Fannie Mae.
In this revealing interview, Mr. Buffett shares his thoughts on his investment approach during the crisis along with many other interesting topics.
Mr. Buffett played a central role during the darkest days of the financial crisis when Berkshire’s investments in Goldman Sachs and General Electric served to instill confidence in the financial system.