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07:03

Warren Buffett to CNBC: Mark Zuckerberg right to keep tight control

CNBC :: Warren Buffett has no plans to buy into the upcoming Facebook IPO, but tells CNBC's Becky Quick he has spoken for a few hours with founder Mark Zuckerberg and thinks he's doing the right thing by maintaining tight control of the company, even after it goes public.

HT: Henry Blodget, Business Insider

Buffett just told me he spoke to Mark Zuckerberg for hours about taking Facebook public. Offered advice. #BuffettWatch #BRK2012

— Becky Quick (@beckyquickcnbc) May 5, 2012

Continue to read Alex Crippen, BuffetWatch.cnbc.com

Tags: CNBC Facebook

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