Warren Buffett CNBC Interview All Videos

Updated on

had four investment banking firms. you had two commercial bankers. and is you had people that are placed at 3g and a lot of people — that’s why i like to push these things through as fast as possible. and, obviously, i will guarantee thaw that person that bought it on wednesday, bought those options, that is inside trading. they’re going to nail that guy and they should. we up to that point. if you looked at the heinz stock behavior, it did not outperform the market or anything. i thought we were going to get there. even on that wednesday, the day before we announced the stock, i believe, was actually down. but that option’s trading clearly reflected something that knew something. it will be very interesting to see who it is. we’ve never had a big problem. we had the situation, but it was a different sort of situation. we’ve never had anybody at berkshire that, all the deals we’ve had that we’ve been involved in. very quickly on that point. let me bring in another question from a viewer. this is from harvey cohen, number 13 control room. he asked what was the total leagueal bill to close the sokol affair. that’s a good question. i can’t tell him the answer. more than i would like. we had our own legal bills. we had his legal bills and it’s not totally done yet in terms of legal bills. if i had to guess, i’m really guessing here, i would guess $4 million om sorething like that. have you spoken with dave sokol since the affair? i have not spoken to dave sokol for a couple of years. joe, i know you had some questions, too. yeah, i did. i was just watching warren with that answer. i mean 4 million is, you know, is not a lot obviously for buffett or warr, not a lot o money.

Leave a Comment