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UNITED STATES - JULY 09: Warren Buffett, chairman of Berkshire Hathaway Inc., attends a lunch break following a session at the 26th annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 9, 2008. (Photo by Matthew Staver/Bloomberg via Getty Images)

UNITED STATES - JULY 09:  Warren Buffett, chairman of Berkshire Hathaway Inc., attends a lunch break following a session at the 26th annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 9, 2008.  (Photo by Matthew Staver/Bloomberg via Getty Images)