Saturday, November 11, 2006

Rare Interview With Warren Buffett For A CNBC Special - WARREN BUFFETT: THE BILLIONAIRE NEXT DOOR

CNBC′s Liz Claman Sits Down For A Rare Interview With Warren Buffett For A CNBC Special WARREN BUFFETT: THE BILLIONAIRE NEXT DOOR On Monday, November 20 At 8:00 pm And 11:00 pm EST

In a rare interview with the world′s second richest person, Warren Buffet, CNBC anchor Liz Claman takes an inside look into his surprisingly simple life in WARREN BUFFETT: THE BILLIONAIRE NEXT DOOR, a CNBC one-hour special that will air on CNBC on Monday, November 20th at 8:00 PM and 11:00 PM ET.

The result is an hour-long fascinating look at the man and an opportunity for CNBC viewers to learn firsthand from the world′s most famous investor.

Buffet takes Claman on a personal tour of his hometown of Omaha, Nebraska from his grandfather′s store where he turned his first profit selling chewing gum and soda, to the $31,500 house he′s owned for almost a half-century. The unassuming billionaire says, "I like the way I was living when I was in my 20′s. I still like that way...I like to go home and put on a sweat suit."

Buffett owned his first stock at the age of 11, but admits, "I don′t know why I wasted time before that stock...I got started late."

In the hour-long special, Claman gets Buffett to open up on a variety of topics such as his gut instincts about business, his feelings about Wall Street, how he feels when he makes a deal, his surprising view about his own tax rate and his $31 billion pledge to the only person in the world with more money, his good friend Bill Gates.

So how does the second richest man on the planet measure success? "Well," Buffett says, "I would say success is really doing what you love and doing it well...It′s simple as that."

Buffett also offers insight into his famed company, Berkshire Hathaway, and what may happen when "The Oracle of Omaha," as Buffett is commonly referred, decides to step down.

Claman snared the full-day visit and interview with Buffett by making contact a year ago in preparation for writing her new book, "The Best Investment Advice I Ever Received" (Warner Business Books), published on Nov. 22. Although he didn′t agree to an interview for the book, he told Claman he was well aware of her work as co-anchor of CNBC′s "Morning Call" (10 AM-Noon). A year later, Claman called Buffett for an interview connected to CNBC′s pre-election coverage titled "Wall Street to Main Street." To her amazement and delight, Buffett invited her to Omaha. The result is WARREN BUFFETT: THE BILLIONAIRE NEXT DOOR.

WARREN BUFFETT: THE BILLIONAIRE NEXT DOOR not only airs on November 20th at 8:00 PM and 11:00 PM, but it will be rebroadcast on Friday, November 24th at 8:00 PM and 11:00 PM ET and on Sunday, November 26th at 10:00 PM and 1:00 AM ET.