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our special guest this morning is the chairman and CEO of Berkshire Hathaway Warren Buffett and Warren weve talked about a lot of things this morning look at the business and the value of American Business depends on how much it delivers in cash to its owners over between now and Judgment Day and and I dont think it changes in 10 and I think to some extent you can get some of the instruments that people dont understand very well that have a lot of Firepower in them the idea of people taking a position and theyre gambling theyre not investing nobodys investing when they buy you know some supercharged index on you know on how the vix does or something like that they dont need it in their life its an unnecessary instrument for three things when we hire people we look for intelligence we look for for initiative or energy and we look for integrity and if they dont have the latter the first two will kill you because if youre going to get somebody without integrity you want them la