Warren Buffett, CEO of Berkshire Hathaway Inc. IBM 1.44%. IBM’s stock is down more than 28 percent in the past two years, but Buffett still sees a lot of value in IBM’s question-answering supercomputer, Watson.

In his lengthy Monday morning appearance on CNBC, Buffett discussed the partnership between IBM’s Watson and Berkshire holding GEICO.

“You spend a considerable amount of time teaching Watson. Watson did not come knowing a single thing about insurance,” Buffett noted. “Our job and IBM’s job is to educate Watson in all aspects of insurance.”

Buffett went on to explain that Watson’s ability to “remember” massive quantities of data and aide in decision-makes it an extremely valuable asset for IBM.

Indiegogo founder and former CEO Slava Rubin believes…

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