Billionaire investor Warren Buffett‘s right-hand man, Charlie Munger, said Monday there are better investment opportunities in China than the U.S. “The best companies in China are cheaper than the best companies in the United States,” Munger said on CNBC’s “Squawk Box.” “I don’t think it would be all that hard for any smart person to […]
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Billionaire investor Charlie Munger told CNBC on Monday that he wished Berkshire Hathaway had bought even more Apple stock. “I think we’ve been a little too restrained,” Munger told on CNBC’s “Squawk Box” from Omaha, where Berkshire held a weekend of events around Saturday’s annual meeting. “I wish we owned more of it.” On Friday, […]
Read moreWarren Buffett is optimistic the U.S. and China will avoid a serious trade conflict. “The world will not do something stupid over time in trade,” the Berkshire Hathaway chairman and CEO told CNBC’s “Squawk Box” on Monday. “I don’t think we will have trade wars … of significance. … It’s counter to the interests of […]
Read moreBillionaire investor Warren Buffett said Monday he respects the efforts of Elon Musk, head of electric car maker Tesla. “He’s trying to do something to improve a product and I salute him for that,” Buffett said on CNBC’s “Squawk Box.” “The American public will decide whether it’s a success, and it’s not easy.” Last week, […]
Read moreCoca-Cola and Kraft Heinz are good businesses, but they don’t look as good as they did 10 years ago, billionaire investor Warren Buffett told CNBC on Monday. “There are two reasons for that,” the chairman and CEO of Berkshire Hathaway said in a “Squawk Box” interview. “One is people seem a little bit more willing […]
Read moreBerkshire Hathaway‘s Warren Buffett said Monday he is looking to invest more of his company’s massive cash horde, adding the conglomerate would pull the trigger on a $100 billion deal if the right one presented itself. “If a $100 billion deal came along that [Vice Chairman Charlie Munger] and I really liked, we’d get it […]
Read moreBerkshire Hathaway Chairman and CEO Warren Buffett said he likes Apple stock so much he would love to own all of it. “I clearly like Apple. We buy them to hold,” Buffett said on CNBC’s “Squawk Box” Monday, following Berkshire’s annual shareholder meeting. “We bought about 5 percent of the company. I’d love to own […]
Read moreBillionaires Elon Musk and Warren Buffett engaged in a war of words over the weekend. In an earnings call last week, Tesla co-founder Musk criticized so-called “moats” but he wasn’t referring to the sort of moat you’d find around a castle. Instead, he was talking about the term coined by Buffett, referring to a buffer […]
Read moreBillionaire investor Warren Buffett said Monday he was blown away by an online archive of his company’s meetings and related documents that CNBC launched over the weekend. “It blew my mind when I saw it,” Buffett said on CNBC’s “Squawk Box.” The Warren Buffett Archive houses searchable video from 25 full annual meetings, going back […]
Read moreBillionaire investor Warren Buffett told CNBC on Monday that Wells Fargo‘s was slow to stop bad behavior in its company but it’s an overall good business. “They made one mistake,” Buffett said in a “Squawk Box” interview. “Incentives work. And they came up with improper incentives and they worked. And, so, they [incentivized] bad behavior […]
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