Berkshire Weekend: Buffett Quote on Bank Stress Tests
Bloomberg quotes Buffett on the importance of the government’s stress tests in helping him assess banks he invested in:
"I think I know their future, frankly, better than somebody that comes in to take a look," Buffett said before the start of Omaha, Nebraska-based Berkshire's annual shareholder meeting today. "They may be using more of a checklist type approach."