Two days after publishing his annual letter to shareholders, Warren Buffett is on speaking on CNBC in an extremely rare appearance – Money Talks

“We were buying it on Friday, but it’s cheaper this morning and that’s good news.” Will he buy more? “Absolutely.” – Warren Buffett

Warren Buffett: Ukraine won’t stop my stock buying

Warren Buffett said he’s not at all discouraged that the stock market is under pressure due to the conflict in Ukraine.

In a live interview Monday on CNBC’s “Squawk Box,” Buffett said, “When I got up this morning, I actually looked at a stock on the computer (for) the trades in London (of a stock) that we’re buying, and it’s down and I felt good.” He would only acknowledge it is an “English” stock.

“We were buying it on Friday, but it’s cheaper this morning and that’s good news.” Will he buy more? “Absolutely.”

Buffett said that would be true even if he knew Ukraine would turn into a major conflict.

“You’re going to invest your money in something over time. The one thing you can be quite sure of is if we went into some kind of very major war, the value of money would go down. That’s happened in virtually every war I’m aware of. The last thing you’d want to do is hold money during a war. You might want to own a farm, you might want to own an apartment house, you might want to own securities. During World War II the stock market advanced.”

Buffett recalled that he bought his first stock in 1942, just after Pearl Harbor, when the macro situation didn’t look very good, either.

….whole interview HERE