(May 4, 2015) In a live appearance on CNBC’s “Squawk Box” the Monday morning after Berkshire’s 2015 shareholder meeting celebrated 50 years of Warren #Buffett in charge at #Berkshire, he defends Clayton Homes against predatory lending accusations and explains his long-term optimism on IBM. The CEOs of Berkshire’s four biggest stock stakes discuss what it’s... Continue Reading →
(May 2, 2015) A Seattle Times story accused Clayton Homes of predatory lending practices. Warren Buffett defends Clayton, saying it “has been exemplary” in lending intelligently.
(May 4, 2013) In looking back at the housing bubble, Warren Buffett and Charlie Munger say it was fueled by a “bandwagon effect” as people wanted to get in on easy money. They argue it would have been difficult for the government to take the “punch bowl away from voters who wanted to get drunk.”
(May 2, 2009) Warren Buffett and Charlie Munger of Berkshire Hathaway discuss the “excess of houses” in America and weighs in on how the situation will be resolved.
(May 2, 2009) Amid heavy criticism of credit rating agencies for failing to warn investors about the potential dangers of mortgage-backed securities, Warren Buffett defends Moody’s … and #Berkshire Hathaway’s big stake in the company.
(May 2, 2009) After the credit crisis peaked in late 2008, Warren Buffett is cautiously optimistic, telling shareholders “the situation is getting corrected.” But, he warns, the problem won’t be solved quickly.
(May 3, 2008) At the 2008 #Berkshire Hathaway Annual Meeting, as the situation worsens, Warren Buffett says fallout from the real estate bubble is hurting the economy in ways he’s never seen before.
(May 7, 2007) At the 2007 Berkshire Hathaway Annual Meeting, home prices start declining and some borrowers default on their loans. Looking ahead, Warren Buffett predicts that while this will be a “big problem” for the institutions and individuals involved, he doesn’t expect it to have a significant impact on the economy as a whole.
(May 5, 2007) Warren Buffett and Charlie Munger of Berkshire Hathaway weigh in on the sub-prime housing market and its long-term ramifications.
(May 6, 2006) Warren Buffett of Berkshire Hathaway expects lower real estate prices, especially for higher-end properties.