the Oracle Of Omaha, Warren Buffett shared his thoughts on the banking sector following the recent collapse of several regional banks on Wednesday, sparking a discussion among the hosts Gasoline Gas PreMarketPrep.

Buffett acknowledged that banks have made some mistakes, but was quick to point out that the current situation isn’t as bad as the 2008-2009 financial crisis. He highlighted the issue of mismatched assets and liabilities as a key area of ​​concern but stressed that banks had not repeated the same mistakes that led to the previous crisis.

The Benzinga team noted Buffett’s cautious tone towards the host Dennis Dick He stressed that the legendary investor did not have unreserved faith in banking sector. However, Buffett maintained that no depositor in the US would lose their money, going so far as to offer a million-dollar bet to back up his claim.

“So, I mean, let’s put some perspective here,” Dick said, “Warren Buffett betting a million dollars is like me and you and betting a dollar — so it’s not very much.”

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The hosts discussed the implications of Buffett’s statements and wondered why he didn’t take a more aggressive stance if he’s so confident in the safety of depositors’ funds.

They asked why he didn’t buy regional banks, despite gossip from investors that he did buy Bank of the First Republic FRC, if he really believes in the stability of the sector. While Buffett has expressed a desire to own an entire bank, Joel Elconin He cited regulatory hurdles as the reason for this.

“If Buffett had bought FRC — I think he would have said that in the interview,” Dennis said. “I think we can probably say Warren Buffett didn’t buy the banks.”

Despite the questions raised, Buffett’s primary goal appeared to be restoring confidence in the banking system. His mention of the million-dollar bet four times underscored…