During Warren Buffett's India visit, there was some time for the Oracle to show his funny side to the Indian media. Yes, he did speak about inflation, and investment opportunities, but it is what he had to say about rebirth and his family that you may want to know. He also spoke about his mantra for improved earnings and his recipe for success - Be in the right business and with the right people.
Also read: Buffett seeks higher FDI in Indian insurance sector Here is a verbatim transcript of the exclusive interview with Warren Buffett on CNBC-TV18. Also watch the accompanying video. Q: Which countries are you looking at investing in and where does India rank among your list of countries to invest in? A: We are looking to make big investments anywhere in the world, if we can find really good businesses run by people we admire and trust and where we understand the business. Certainly, India is in the top four-five countries in the world that have the sort of business that we are looking for. So, I have been dropping my phone number around as I have covered the city and I hope that it rings on Monday morning with good news. Q: The best case scenario for inflation in India next year is projected between 5% and 6%. We are going end this fiscal, thatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
