Warren Buffett and Bill Gates On The Economic Crisis and Ethics

Warren Buffett and Bill Gates talk with Columbia Business School students about MBAs, the economic crisis and ethics. www.magicformulapro.com

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Comments 19

  1. bierbuik wrote:

    Wow 3 minutes an 11 seconds full of bullcrap.

    Posted 07 Jul 2010 at 7:13 am
  2. sambrown18 wrote:

    bill gates sounds like kermit the frog.

    Posted 07 Jul 2010 at 7:54 am
  3. TedDGPoulos wrote:

    What is the underlying law of nature.
    As the way of all things, what effect do you suppose its question, knowledge, understanding and application by? billions of persons will have on the state of global economics, science, the humanities, education, government and business?
    The underlying law of nature is the most important subject any person can investigate and learn about, can proceed to understand, and can then come to personally apply in life.

    Posted 07 Jul 2010 at 8:39 am
  4. nikanj wrote:

    I love Bill’s answer to the first question.

    Posted 07 Jul 2010 at 9:21 am
  5. 50calsyndicate wrote:

    @dsglop wake up and start fighting these criminals ruining America!!!!! stop defending these thieves!!!

    Posted 07 Jul 2010 at 9:46 am
  6. 50calsyndicate wrote:

    @dsglop stop smoking crack. unemployment is at 22.5%. christmas sales were the worst in decades.

    Posted 07 Jul 2010 at 10:11 am
  7. dsglop wrote:


    Posted 07 Jul 2010 at 11:03 am
  8. stellaconcepts wrote:

    It is all government, they are running your economy. You live in a socialist country.

    take the government out of the picture and you’d already be third world… thats why you’re government has to intervene to the extent they do.

    thats where i disagree with schiff as well – he says if the govt butted out – US would have a brief, strong recession. I disagree – if the govt butted out – there would be anarchy in america.

    damned if you do – damned if you dont.

    buy silver.

    Posted 07 Jul 2010 at 11:42 am
  9. dsglop wrote:

    Yeah, it’s all just government. The private sector is defifnitely picking up. Yes, stimulus plays a factor but saying it’s all just government causing what I said in my first comment is just silly.

    Posted 07 Jul 2010 at 12:06 pm
  10. stellaconcepts wrote:

    throwing money (which is all the us govt has done) cannot and will not hide the systemic problems in the US economy.

    it’s pretty sad that someone 1/2 way around the world can see more of whats happening in your economy than yourself.

    anyhow – good luck with your endeavours… I’ve subbed to your channel – I dont have a problem with hearing opposing points of view to mine – helps my views to become more rounded.

    but so far, I havent heard anything new from you…

    Posted 07 Jul 2010 at 12:24 pm
  11. dsglop wrote:

    All right then. Nice rhetoric.

    Posted 07 Jul 2010 at 12:35 pm
  12. stellaconcepts wrote:

    im not seeing signs of recovery mate… I’m seeing signs of massive govt spending, im seeing debt ceilings being raised, im seeing states more and more bankrupt. I basically see america borrowing from the future to pay for a quasi-recovery now… and it wont be worth the trade.

    fwiw, i am not a huge schiff fan – i see they are your pet hate… infact, I disagree with him on a lot of points. but he shows more signs of intelligence than you.

    Posted 07 Jul 2010 at 12:59 pm
  13. dsglop wrote:

    Those numbers are changing drastically. How come the full employment data which takes everyone into consideration dropped when the adjusted the numbers? Look, the signs of recovery are obvious. The only reason to deny this and not be happy about it is because it makes you look silly.

    Posted 07 Jul 2010 at 1:40 pm
  14. stellaconcepts wrote:

    or maybe to the 32 million people who need the government food stamps to eat, or the myriad of tent city’s opening up, perhaps the record foreclosures, perhaps you want to look at all the people coming off unemployment benefits, perhaps you want to look at U6 unemployment numbers – not the feelgood cnbc numbers, perhaps you look at record bankruptcy filings, perhaps you look at record credit card defaults… shall I continue?

    Posted 07 Jul 2010 at 2:33 pm
  15. dsglop wrote:

    Open my eyes? Maybe to the ISM number that has been in growth mode for 4 months? Or the consumer confidence and spending that has increased while savings has also increased? Is that maybe based on the fact that their savings has been revalued dramatically? Maybe I should see the employment data which almost went positive last month and could be revised to positive? Everything is pointing to recovery but you think I should “open my eys” to the depression. Okay.

    Posted 07 Jul 2010 at 3:19 pm
  16. stellaconcepts wrote:

    open your eyes mate… america is in depression

    Posted 07 Jul 2010 at 3:36 pm
  17. dsglop wrote:

    You petey parrots are hilarious! He said that there will be 85 good years out of 100. America is in recovery now. Just because you have a ridiculous world view that the US is going to go into depression doesn’t mean that it is, it means you have no idea what you’re talking about.

    Posted 07 Jul 2010 at 3:39 pm
  18. stellaconcepts wrote:

    did he say in 100 years america will be pumping again? lol… bout right ;)

    Posted 07 Jul 2010 at 4:01 pm
  19. sinathfr wrote:

    yeah! yeah! viva america, viva obama…

    Posted 07 Jul 2010 at 4:55 pm

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