CNBC: Economic War is "Going Slightly Our Way"

Published: Monday, 1 Mar 2010 | 6:31 AM ET

By: Alex Crippen
Executive Producer

Getty Images Warren Buffett

Warren Buffett tells CNBC that he's seeing some small short-term signs of improvement in the U.S. economy.

At the start of a three-hour live 'Ask Warren' appearance on CNBC's Squawk Box this morning, Buffett told Becky Quick, "We got past Pearl Harbor. We will win the war, and it's going slightly our way."

Buffett says Berkshire's businesses are "getting better," but at a "very, very slow pace."

Some of the subsidiaries "have really had a fair amount of bounce," but others have not.

When it comes to the government's efforts to help the economy, Buffett warns, "We should not expect miracles."

Current Berkshire stock prices:

Class A: [BRK.A 119800.00 1000.00 (+0.84%) ]

Class B: [BRK.B 80.13 0.73 (+0.92%) ]

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