that charlie monger is around long enough.att: how many times could you have looked at amazon and said, they don't make any money at all? over the past 20 years, quite often. amanda: it is time for stock of the hour and it is an important one. if it were a boxing match, didi's fight against global stocks would have been stopped. kriti gupta has more. tell us what is going on. kriti: chinese tech companies getting delisted from the new york stock exchange, relisting in hong kong following months of regulatory pressure. didi dropping 41% in intraday trading. 54% decline in the back half of the year. that discount will get wider when you compare it to what u.s. tech is doing. more and more companies could be abandoning their listing. still quite under pressure. those big drops also translate into the broader index. the hang seng index under a lot of pressure overnight. matt: kriti, thank you for that. let's get to lambo after the break. this is bloomberg. ♪ matt: as consumers try to cope with inflation and freak out about omicron

charlie monger called the market crazier than the dotcom boom but he noted and could get hit next weekthey report, i think it is about long-term investing and your calls, rapid fire and "the lightning round," stay with cramer there's lots of people who are confused about which medicare plan is right for them. hey, that's me. i barely know where to start. well, start here with me, karen. i'm a licensed humana sales agent. well, it's nice to meet you karen. i'm john smith. hi john. at humana we know you're unique so you have different needs from other john smiths. yeah, i've always thought so. and together we can find a plan that's right for you. great! i go to the doctor a couple of times a year and i have some prescriptions. but i'm never fully sure what's covered and what's not. with humana's all-in-one medicare advantage plans you get coverage for hospital stays, doctor visits and part d prescription drug benefits. all for an affordable and sometimes no monthly plan premium. do you have any more information? sure, i'll get a decision guide in the mail to you today. they're free. fina

berkshire hathaway's charlie monger seen a thing or two in his lifetime but he says current markets arehich of course blew up in 2000. speaking at a conference in sydney, australia, monger said many firms trading 35 times earnings, making the valuations the most extreme he has seen recently. the president and cio brian yacktman says he agrees. he will see the markets pop even with all the gross stuff before us. it is not a big statement to say the market is expensive. you say it is outrageously expense system. what are the metrics that give you that gauge? >> looking at the schiller ratio or price to sales ratios. but i you know what? i point out that it is the most expensive market i've seen in my own career and that is actually saying something because i started managing my own personal portfolio 21 years ago. that was at the peak of the dot-com era. so i would say this market is even worse more so because its broad base. everything is expensive. almost nowhere to hide. liz: so when you're looking for a stock do you have a level? the reason i was leaning, i had to take a second look.