Warren Buffett was on Charlie Rose last night, after his “infamous” op-ed in the NYT yesterday. The interview clarifed some of the comments Buffett made in his op-ed. Additionally, Warren Buffett called for lower Govt. spending as percentage of 20-21%, far below the current level of ~25%. This might seem small but when we are discussing a budget of trillions of dollars, this is a massive difference. Buffett also called for taxes as % of gdp to average 18-19%, far lower than the rate reached under President Bush in 2006 and 207, where it was 27%!
Full video below:
ValueWalk's Raul Panganiban interviews Dr. Kathryn Kaminski, Chief Research Strategist at AlphaSimplex, and discuss her approach to investing and the trends she is seeing in regards to quant investing and hedge funds. Q1 2021 hedge fund letters, conferences and more The following is a computer generated transcript and may contain some errors. Interview with AlphaSimplex's Read More
If I get time I will do a transcription on this and on James Grant from Saturday.