Warren Buffett spoke to CNBC Monday morning where he expounded on his views of the economy, municipal bonds and the Obama administration's efforts to stave off a depression.
Warren Buffett has had a tough year, with his Berkshire Hathaway posting a 96% drop in profits in 2008 compared with the year before.
In his annual letter to shareholders released late last month, he said, "the economy will be in shambles throughout 2009 and, for that matter, probably well beyond." Still, the so-called Oracle of Omaha did keep somewhat upbeat, adding, "but that conclusion does not tell us whether the stock market will rise or fall."
In these video clips, he discusses his views and answers viewers' emails.WATCH: