Warren Buffett’s Annual Letter; Johnson & Johnson’s Best Shot

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 1 March 2021

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Johnson & Johnson CEO Alex Gorsky discusses the drugmaker’s single dose vaccine as it begins distribution across the United States. 4 million vaccines are en route to Americans across the country, solving the logistical and administrative challenges posed by the dual-dose, refrigerated Moderna and Pfizer vaccines. In his annual letter to shareholders, Berkshire Hathaway’s Warren Buffett admitted mistakes, commented on the markets and offered some folksy wisdom. The legendary investor said, “despite some severe interruptions, our country’s economic progress has been breathtaking. Our unwavering conclusion: Never bet against America.”

Transcript

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0:00.0	This is Squawk Pod. I'm C. M.C. producer Katie Kramer. Today on our
0:06.2	podcast Johnson and Johnson gets the green light for its single shot COVID
0:11.0	vaccine inside the miraculous pace of science and a pandemic with CEO Alex
0:15.8	Korski.
0:16.8	And here we are a year later on the cusp of literally having a hundred million doses delivered
0:21.7	in the United States by the end of June.
0:24.1	Close to a billion around the world by the end of this year is a is just a remarkable
0:28.9	achievement.
0:29.9	Warren Buffett speaks out in his annual letter and he's bullish on the USA.
0:34.4	There's been no incubator for unleashing human potential like America.
0:38.0	America's most famous investor enthusiastic for a new crop of family jewel companies and stock repurchases.
0:44.6	Bivax technically used to be legal.
0:46.4	Why do you have an opinion on what the right amount of outstanding shares of a company
0:50.6	is?
0:51.6	It's Monday, it's the 1 first of March. Squawk Pot begins right now.
0:57.0	Good morning everybody. Welcome to Squawk Box here on C.
1:00.0	I'm Becky Quick along with Joe Kernan and Andrew Ross Sorkin.
1:03.6	The FDA and CDC gave Johnson and Johnson's vaccine a green light over the weekend.
1:08.3	The company expects to provide 20 million doses by the end of this month.
1:13.6	And it's March 1st.
1:15.5	Meg Turrell joins us now with the latest on the J&J rollout.
1:19.2	Hi, Meg.
	...

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