The economies in
"It'd be very tough for (the Fed) to raise rates," Buffett said in an interview with Fox Business on Wednesday. "I think you'd have a lot of international repercussions."
Buffett also reiterated his support for the controversial Keystone XL pipeline.
He said he has no plans to sell any of Berkshire's shares of
"It's a fantastic business," he said.
He said he continues looking for more businesses to buy, and he has about
At the end of February, Buffett will release his annual letter to Berkshire shareholders. He plans to reflect on 50 years of leading the conglomerate and what the future may hold. Berkshire Vice Chairman
Buffett said he expects the crowd at this year's shareholder meeting in May will exceed 40,000 for the first time. The 85-year-old reiterated that he has no plans to retire and hopes to stick around a long time.
Previously Buffett has said the company has a plan to replace him when the need arises by promoting one of three internal managers to CEO and handing over his investment management duties to a pair of investors who already help manage Berkshire's portfolio.
Once Buffett is gone, Berkshire also plans to name a non-executive chairman that will likely be Buffett's older son, Howard.
Buffett gave the interview while sitting inside the
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