Following up on my previous post which contained Warren Buffett’s warning on China, I have found an audio recording of the interview (conducted in English with mandarin translation) that Warren Buffett did in China. Here’s what was covered:
00:00 PetroChina sale timing a “mistake”; strategy
06:32 China growth; philanthropy; Charlie Munger
13:26 Investment criteria; Iscar Metalworking stake
17:06 “Need big” companies to invest in; subprime
20:17 China “too hot”; diversification; Iscar plans
27:07 China Life speculation; Gates Foundation
Click on this link to listen to the audio.