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CNBC TRANSCRIPT: Warren Buffett's 'Secret Millionaire's Club' Live Interview on Squawk Box
CNBC.com | July 24, 2009 | 12:28 PM EDT

Warren Buffett appeared live on CNBC's Squawk Box this morning to promote a new online animated series called the Secret Millionaire's Club in which he teaches kids about finance and investing.

Warren Buffett appeared live on CNBC's Squawk Box this morning to promote a new online animated series called the Secret Millionaire's Club in which he teaches kids about finance and investing.

Buffett told us that stocks are still a better investment than cash investments, like Treasuries, even though the Dow has recently rallied to its highs of the year over 9000.

This is a transcript of the CNBC interview that got underway after Squawk showed a clip from the animated show in which Buffett talks to kids about the potential positives and negatives of investing in a fictional Ohama candy company.

BECKY QUICK: Warren, thanks for joining us this morning. We appreciate it.

BUFFETT: It's my pleasure.

BECKY: You know --

BUFFETT: Have some candy. (Laughs.)

BECKY: Have some candy. That's something we hear from you often. That's something we hear in the webisode, too. But how did you get involved in these webisodes?

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