Bonus: Warren Buffett in Omaha 7/15/26

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**Becky Quick** (1:01)
Hi, Squawk Pod listeners. This is a special bonus podcast of my July 2026 conversation with Warren Buffett. We talk about his annual charitable donations, Berkshire Hathaway's investments and his thoughts on the markets. That's all coming up. Warren, first of all, thank you for sitting down and talking with us today. I appreciate it.

**Warren Buffett** (1:26)
It's always good to sit down.

**Becky Quick** (1:29)
Yes, I find the same thing.
The last time we sat down and spoke with you, I guess it was two times ago in March when we sat down with you to talk about what you were doing with your charitable giving, you said that you were going to be watching and waiting, that you were waiting to see what came out about Bill Gates and the Epstein files and what had happened. You said you hadn't determined what you were going to do. Today, you put out a release saying that you will be increasing the amount of money that you give to the Susan Thomas Buffett Foundation, your three children's foundations, but there will be nothing given right now to the Gates Foundation. Is that your decision?

**Warren Buffett** (2:12)
That's correct.
But in interpreting that, I would point out that I've read a great deal since January 1st, in terms of what happened with Bill and Epstein, and I've read his remarks to Congress given under oath, and I've read it cross-examination.
And while it's this tasteful and while he made mistakes, I've made mistakes in hiring all kinds of people or choosing friends, and then finding out later that one way or another they weren't what I thought they were. And so I found nothing in there that was beyond what I could picture myself doing. And, you know, he ended it.
And I've had situations where I made mistakes about people or people may have felt they made mistakes about me. But they, you know, life goes on. And no one bats a thousand in the business of choosing people.

**Becky Quick** (3:29)
You're talking about hiring decisions, maybe who you're associating yourself with. And there were certainly some questionable decisions on that that came up in the release of these files. But there was also other, you know, personal information.

**Warren Buffett** (3:42)
Yeah, no, he was, he admitted to.
Yeah. No, and there again, I would say that, you know, I would, I've known some pretty wonderful people. I still know some wonderful people. I don't think they've made every decision correctly.

**Becky Quick** (3:59)
If that's your opinion on it, why are you no longer giving money to the Gates Foundation?

**Warren Buffett** (4:05)
I re-evaluated my whole situation. It's just like I have been doing since I was in my 20s, and we'd gotten married, Susie and I, and we didn't really have any money, but we did know that we intended to live fine, and we intended to have a family, but we did not have aspirations of, you know, having six houses or a 500-foot yacht or anything of the sort. So even then, we talked about what we would do philanthropically, but my idea and conviction was that I would compound money at a better rate than society generally, and that Susie would give it away better than 99.9% of the people that were giving it away, and she would get involved personally with the gifts, whereas I like to do things wholesale, and she liked to do things retail. So we had a plan, but we didn't have any money. And over time, the money started to pile up, and she would say, are we rich yet? And I would say, no, but we're getting closer. But I was not in a hurry to do anything. We did some small things as we went along.