Warren Buffett, thinks the U.S. will not go into a recession even if we temporarily go over the fiscal cliff. Warren Buffett says that the Republicans in Congress need to compromise. Buffett says that revenue needs to go up as a percentage of GDP and spending needs to go down over time.
An Hour With Ben Graham
This interview took place on March 6 1976. At the time, a struggling insurer, Government Employees Insurance Company (GEICO) was making headlines as it teetered on the brink of bankruptcy. Ben Graham understood the opportunity GEICO offered, and that’s where the interview began. Ben Graham and his partners had, at one time, been significant shareholders Read More