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Buffett: Bonds Are 'Terrible Investment' Right Now

Monday, 6 May 2013 | 7:02 AM ET

Warren Buffett, Berkshire Hathaway, chairman & CEO, discusses changes in Berkshire Hathaway's board, and possible candidates to succeed him. Also, Buffett explains the problem many airlines face making money, and explains why he favors productive assets over fixed dollar investments.