- Appearing on Squawk Box, The Oracle doesn't disappoint:
- On JPMorgan (NYSE:JPM): "If a cop follows you for 500 miles, you're going to get a ticket."
- On possible U.S. default: "Idiocy ... this is like poison gas."
- On Apple (NASDAQ:AAPL): He wishes he bought it years ago and chides Carl Icahn, saying companies shouldn't be run primarily to please Wall Street.
- Berkshire (BRK.A, BRK.B) has about $40B of cash on hand at the moment, and Buffett's a buyer despite the D.C. standoff.
Buffett plays to his fans on CNBC
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Symbol | Last Price | % Chg |
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JPM | - | - |
JPMorgan Chase & Co. |