It’s not good. Warren Buffett just says horrible things in a polite voice.
He says when he thinks he's wrong. This is 22 years old. What does he think now?
He is 94. No matter how much experience he has, I question the value of anything he might say these days, at least in comparison. There should be other people to listen to by now - probably even from his same organization, if you want to.
Maybe even better, the fact that an issue like that is still plaguing the country today, maybe even worse than at that point in time.
(But still good.)