{"id":376529,"date":"2010-03-01T15:50:00","date_gmt":"2010-03-01T20:50:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/is-it-weird-that-warren-buffett-sounds-sexy-when-he-talks-forex-2010-3"},"modified":"2010-03-01T15:50:00","modified_gmt":"2010-03-01T20:50:00","slug":"warren-buffett-sounds-really-sexy-when-he-talks-forex","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/376529","title":{"rendered":"Warren Buffett Sounds Really Sexy When He Talks Forex"},"content":{"rendered":"<p>This morning during his big chit-chat on CNBC, during the &#8220;rapid fire&#8221; portion of the interview, Berkshire Hathaway (BRK) CEO Warren Buffett was asked: What currency would he buy if he had to convert all of his dollars into a foreign currency.<\/p>\n<p>His answer: The Swiss Franch (CHF).<\/p>\n<p>Becky Quick asked him to explain, but he didn&#8217;t really answer, noting that all currency bets were somewhat dicey, but that really, you&#8217;re betting on the stability of the people in government.<\/p>\n<p>So Buffett likes the stability he sees in the Swiss government.<\/p>\n<p>But what&#8217;s really interesting is that the first rapid-fire question he was asked had to do with <em>currency<\/em>. Think about that for a second. Hearing Warren Buffett talk about stocks (like Coke or Moody&#8217;s or whatever else) is kind of a snooze at this point. But currency! Now that&#8217;s some exciting stuff. Suddenly, conservative Warren Buffett is talking about something that will really get the stay-at-home speculator jazzed.<\/p>\n<p>This dovetails nicely with <a href=\"http:\/\/www.businessinsider.com\/gross-markets-will-soon-discover-how-sovereign-nations-can-go-bust-just-like-companies-2010-3\">Bill Gross&#8217; comments about the &#8220;unibond&#8221; market<\/a> &#8212; a market whereby the government has taken over industry, and thus government instruments (bonds, currencies, etc.) will trade like the private sector assets they&#8217;ve guaranteed.<\/p>\n<p>Anyway, we see it here too. Readers are rarely as interested in individual stocks as they are in currency moves.<\/p>\n<p>Seriously, just watch the beginning of this clip where he talks currency. It&#8217;s hot.<\/p>\n<p>\n<object id=\"cnbcplayer\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" width=\"400\" height=\"380\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=9,0,0,0\"><param name=\"type\" value=\"application\/x-shockwave-flash\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"quality\" value=\"best\" \/><param name=\"scale\" value=\"noscale\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"bgcolor\" value=\"#000000\" \/><param name=\"salign\" value=\"lt\" \/><param name=\"movie\" value=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1428160856\/code\/cnbcplayershare\" \/><embed type=\"application\/x-shockwave-flash\" width=\"400\" height=\"380\" src=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1428160856\/code\/cnbcplayershare\" name=\"cnbcplayer\" pluginspage=\"http:\/\/www.macromedia.com\/go\/getflashplayer\" allowfullscreen=\"true\" allowscriptaccess=\"always\" bgcolor=\"#000000\" quality=\"best\" wmode=\"transparent\" scale=\"noscale\" salign=\"lt\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/is-it-weird-that-warren-buffett-sounds-sexy-when-he-talks-forex-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/euro-bears-afraid-to-hold-position-into-the-weekend-2010-2\">Euro Bears Afraid To Hold Position Into The Weekend<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-test-drives-a-yuan-hike-2010-2\">China Test Driving A Yuan Hike With Select Industries<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/is-the-uber-hated-yen-about-to-break-back-towards-multi-decade-highs-2010-2\">Is The Much-Hated Yen About To Break Back Towards Multi-Decade Highs?<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/hUTTtieOzyc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This morning during his big chit-chat on CNBC, during the &#8220;rapid fire&#8221; portion of the interview, Berkshire Hathaway (BRK) CEO Warren Buffett was asked: What currency would he buy if he had to convert all of his dollars into a foreign currency. His answer: The Swiss Franch (CHF). Becky Quick asked him to explain, but [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-376529","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/376529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=376529"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/376529\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=376529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=376529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=376529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}