Why CEOs Shouldn’t Forecast Earnings

(June 6, 2018) Warren Buffett and JPMorgan Chase CEO Jamie Dimon call for companies to stop issuing short-term earnings forecasts because pressure to them often leads to dangerous actions that can hurt a company’s long-term health. In this taped interview for “Squawk Box” that aired on June 7, they also reveal that a CEO has been selected, but not yet publicly named, to lead their health care initiative with Amazon, discuss strength in the U.S. economy, and comment on the relationship between business and government.

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