Warren Buffett in Japan, Part 3 4/13/23

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 13 April 2023

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Berkshire Hathaway Chairman and CEO Warren Buffett is in Tokyo for the first time in 11 years. This special three-part series delivers Becky Quick’s full interview with the Oracle of Omaha in Japan. In the third and final part of their conversation, Buffett weighs in on artificial intelligence, his evolving views on bitcoin, and how he stays sharp at 92. (Spoiler: He’s sweet on sweets.) Joe Kernen and Andrew Ross Sorkin are stateside with plenty of questions, but not as much sugar. In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	I have a Coke here and I mean I had some Hershey kisses before I came over here.
0:07.0	On Squack Pod, Warren Buffett, the world's most famous investor, and we're bringing you the full interview.
0:13.3	The Berkshire CEO on high prices.
0:15.8	Inflation is always a possibility and by inflation I mean extreme inflation.
0:21.2	And what to do about it?
0:22.3	You can disrupt an economy a lot easier than you can put it back together again and we've had some
0:27.7	close calls on that.
0:29.0	Buffett weighs in on issues across business, artificial intelligence.
0:33.4	I don't really understand it.
0:35.0	I think it's an incredible technological advance
0:38.6	in terms of showing what we can do,
0:41.2	but I don't know whether we know what happens.
0:43.5	Risk.
0:44.0	I don't want to change the world too many times without having some idea of the consequences of it.
0:49.0	And cryptocurrency.
0:51.0	People love the idea they're going to make more money tomorrow.
0:53.5	And it really drives them crazy if their next-door neighbor is making a lot of money not
0:57.3	knowing what they're doing.
0:58.3	The gambling instinct is so strong.
1:01.0	I'm the NBC producer Katie Kramer, the last in a special squawk pod series
1:05.2	Warren Buffett in Japan begins right now. Just been lucky.
1:10.8	Today. Today on the podcast The Last in a Special Series with Warren Buffett.
	...

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