Warren Buffett CNBC Interview 10/16/13 [VIDEO]

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Warren Buffett, Berkshire Hathaway chairman & CEO, says Congress should take the debt ceiling threat off the table.

Warren Buffett, Berkshire Hathaway chairman & CEO, explains why stocks still offer the best investment opportunities compared to cash or long-term bonds.

Warren Buffett, Berkshire Hathaway chairman & CEO, shares his thoughts on the high cost of health care in this country and the need to address it.

“They do not want to be remembered as the party that destroyed a reputation Americans built up over two centuries,” says Warren Buffett, Berkshire Hathaway chairman & CEO.

what advice would you give to the republicans this morning? i would give this advice to republican because they’ve dug the hole. i’m not saying the democrats haven’t done it in the past but this particular hole belongs to the republicans. i think if they were wise, they do not want to be remembered as the party that destroyed a reputation that americans built up more than two centuries. i think i would tell them to follow herman hickman’s advice. when he was a coach at yale, i believe it was herman who said if you’re getting run out of town, turn around and make it look like you’re leading a parade. i would suggest the republicans do that. how do you do that? i know we’re almost out of time. it’s the hardest line in the world but they made a mistake. they can fight out the budget, they can fight out obama care, everything they want, on other grounds but they can’t do it by holding a nuclear weapon, which in the end they can’t use.

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