August 19, 2003

A modest Buffett prepares for Schwarzenegger's "economic summit". Quotable:

[Buffett] said he is analyzing financial information about California and already has discussed economic issues with Schwarzenegger.

Buffett said he has no "magic" ideas that would solve that state's crisis. In fact, he isn't even sure his ideas will be the best ones to follow.

"They don't need my ideas. They need good ideas, and if the two happen to coincide, that's fine."

Posted by Greg Ransom