This is a rough transcript of the video interview of Warren Buffett by Charlie Rose which can be found here.
Still Tap Dancing
[00:00:00] Charlie: It’s great to see you
[00:00:01] Buffett: It’s great to see you. I mean I’ve been in Omaha and I think I’ve made, prior to the last week, I’ve probably made two plane flights in two years. You know, one to see my sister and I just a….free at last!
[00:00:21] Charlie: You’re 91.
[00:00:22] Buffett: I’m 91.
[00:00:25] Charlie: Good health?
[00:00:26] Buffett: I couldn’t be in better health. It’s a little discouraging to me that my partner in business life and everything else, Charlie Munger is 98.
What sucks? Sending money within Africa. Intra-Africa money transfer is a pain point. At 8.9% of the money sent, Africa has the highest remittance costs in the world. For every 100 dollars sent, around 9 dollars ends up as a cost.