In the CNBC interview shown below, Becky Quick asks Warren Buffett about the flurry of calls he received during the “extraordinary weekend” one year ago. Apparently Mr. Buffett was the go-to guy that weekend for the cast of characters facing imminent financial ruin. Although none of the deals offered to him that weekend worked out, Mr. Buffett has no regrets regarding any missed opportunities. I suspect that the deals he was able to put together in the subsequent month fully rewarded his reluctance to hurry into transactions in an overheated crisis situation.
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