the most powerful characteristic of berkshire and of berkshire's leadership has been their ability to adapt and learn and so the apple investment was a staggering example i mean, imagine at that stage with an octogenarian ceo getting that investment. so, right, you could say it was late, but it was a huge amount of investment, a huge value creation i think they are also first to admit that missing google or missing amazon were mistakes but the idea that you would need to worry if you had berkshire hathaway in a trust for your children about it compounding wealth over the next generation, you don't need to worry. you have other stuff to worry about. and of course in a galloping bull market it's always the old saw song that, oh, berkshire hathaway is a dinosaur we heard this in the late '90s when they didn't own any dot com stocks what was amazing is how that company learns it is built to last. it is built with the idea that they are in a sense trustees of their shareholders as well >> sure. >> you know, thoughtful and careful. so, i think those stairs of their obsolescence always feel

a girl lured olly stephens to a field in reading in berkshire injanuary, where two boys stabbed him totenced to 13 years and the other to 12 years. the girl, who's14, admitted manslaughter and was given three years and two months. none of them can be identified for legal reasons. let's get this report from helena wilkinson. olly was, his parents say, generous, caring and always would stand up for the defenceless. here he is captured on a neighbours' door bell camera leaving home on a sunday afternoon injanuary. he had just told his mum that he loved her. i went to the door and it was a boy that i knew. olly wouldn't have anything to do with him normally. and he said, "olly has been stabbed." and ijust remember running back towards the stairs because stewart was upstairs and shouting "ollie has been stabbed!" his sister was upstairs as well. they both came screaming down the stairs and you ran out without your shoes on over to the field. an off—duty nurse walking her dog found olly and tried to resuscitate him, but he died at the scene. stuart just fell to his knees and he was just scre

where when the world bursts, it will only be good for berkshire rather than bad.ve always said to people is why not put 1% back into the rebel alliance against the empire? that is my recommendation to people on crypto. you back the rebel alliance 1%. shery: great to have your insights. mark carnegie with her views on the crypto space. we continue to hear about the optimism over this space but also skepticism. and really one person has been the central bank governor coming out and saying compared to buying and selling bitcoin, it doesn't have staying power, currencies without government backing. this coming from sweden, and country that is interesting for equity market performance, perhaps something people might call a little bit of a froth, the best performer in european markets this year. haidi: this surprises me a little bit from the swedish central bank, i would have thought they'd have more confidence in what mark was just calling the rebel alliance, if you will, with the star wars reference. we were talking about where in the world will you find the jurisdict

. >> scott, apple is like a quarter of berkshire hathaway's stock portfolio and climbing i don't know a lot of people understand that. they've had to manage that position as it's grown unless they want berkshire to essentially be an apple fund plus insuring -- that is where things are headed. so when you see them adjust the apple position that is not them expressing a view on whether or not apple is good or bad like if berkshire hathaway has to do that, with a huge winner, then everybody does to a certain extent. >> sure. but i'm trying to get at, steve, whether this trickles or filters down to the individual investor level as many of our viewers are. when you look at a three-month performance in an apple for example of 23% or netflix of 22% or alphabet of 19%, microsoft of 16% or facebook of 15%, whether you should think the same way that a large money manager like a cathie wood would be thinking about albeit for some different reasons. you're not necessarily rebalancing a portfolio so to speak but you are looking at some sizable gains, maybe rebalancing risk just taking advantage of

it's almost like berkshire hathaway they have berkshire shares but -- >> yeah. >> it's so big. >> absolutely. >> how do you make it understandable and come pew tateble, if that's a word. >> totally. >> how do i know my balance in the bitcoin wallet. >> not to mention when your wallet lost 10% of the value. >> that's right. you can get half a haircut >>> why hurricane ida could turn into a disruptive for the oil market >>> this week ma-- marks the 20 anniversary that changed new york, the country, and the world. how 9/11 reshaped the business world. [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. what happens when we welcome change? we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere workspace solutions, vmware helps companie

interaction with the berkshire team and buffett himself >> obviously berkshire hathaway owns north of 8% of the company, so we have regular talks with the two of them. we continue to work very hard to make sure we do everything can to make them look as smart as we can. >> rodney mcmullen, thank for you joining us the stock is down, but still an outperformer thanks, sara. >>> after the break, we just spoke about at-home covid tests. now you can get results on your smartphone at home the ceo of becton dickinson will join us. you're watching "closing bell" on cnbc. i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer. all the things, all around you... where you learn, work, and fly... we help make them healthier. we are the people of abm. for more than 100 years, we've been a leader in making spaces cleaner, from the things you touch to the air you breathe. today, more than 100,000 of us are innovating to ensure spaces are more efficient, healthier

scott owned 8% of berkshire energy, with berkshire owning the rest he was a friend of warren buffetts is part of a conversation ed in 2010, when we were touring a factory in china >> this trip has been particularly special, having you, warren and charlie and bill gates and ron olson all along to really check it out as berkshire board members, too what is it like traveling with this group of your friends >> well, i've traveled with them before i get along with them fine s warren is the star, and bill supports him, guyly supports him. sit tend to stay in the background and clap. >> that was walter being understated as always. he had actually been going through the tour, taking careful notes and asking a lot of questions. when i asked him why he was paying so much attention, this was through mid american energy at the time, and he said as a big owner some mired american energy, he may have more interest in knowing how things were working than others that was walter all the time walter scott, again, has died at the age of 90. -capsule! -capsule! -capsule! capsule saves me money on prescr

children have been sentenced to a total of 28 years for killing reading teenager olly stephens in a berkshire beauty spot in january. police release cctv footage of a man wanted over the killing of sabina nessa in south east london — as they continue to question another man on suspicion of her murder coming up on bbc news, a year late, the ryder cup is under way. jon rahm and sergio garcia winning the opening for some, but the usa are hitting back. we will have the latest and much more on sportsday at 6:30pm. now, though, on bbc news, it's time for the film review. as though at a warm welcome to the film review here on bbc news and taking us through this week's sediment releases, as ever, it is mark kermode. all of human life is here! , , ~ ~ . here! very interesting week. we have the many states _ here! very interesting week. we have the many states of _ here! very interesting week. we have the many states of newark, _ here! very interesting week. we have the many states of newark, which - here! very interesting week. we have the many states of newark, which is i the many states of newark, w

berkshire has underperformed for years and so there was a little bit of a pop here.y the great stock to be in it's all for you guys, not for me >> all right mike khouw, thank you. we'll see you in the next hour for more options action tune in friday at 5:30 p.m. eastern time. >>> it is time now for the final trade. let's go around the horn brian kelly, what do you say >> well, this one is for the aggressive traders first solar buy anticipating a breakout. >> karen finerman? >> yeah, i'm going with one of these spacs, the michael kline one, churchill 7, c bvii. >> dan nathan. >> i think at&t is fine. but i like broadcom on the weakness if you get weakness back toward that recent level, i think you buy it i think guidance was good and next year is probably too low. >> guy, you're going to stick around, right? don't forget, you're sticking around. >> of course i am. and since we're in the holiday season, most of you folks remember there was actually yukon cornelius who saved christmas when he bailed out rudolph. yukon yorecornelius, silver and gold see how i connected t

where i'm standing now is a reservoir in berkshire.osed to be empty but is one of a number that is been developed here designed to fill up with flood water to prevent it rushing unchecked towards thatcham, over there. and that is what happened back in 2007, when over 1000 homes were flooded here as nearly 100mm fell in just 2a hours. the flood prompted this scheme to build these reservoirs with this one alone capable of holding 25,000 m3 of water. scientists say that a warmer world means more frequent and intense rainfall injuly was the roads hottest month with records going back up to 42 years. a united nations report in august said without immediate deep cuts to emissions, global temperatures rise to one and a half or even 2 degrees will be beyond reach. to help in the context everything that we've been single for the past few months, i'm joined by professor hannah cloake a climate scientist and hydrologist of the university of reading here in the uk. we are shocked, but there is an element of climate science that says i told you so.

sentenced to a total of 28 years in detention or prison for killing 13—year—old 0lly stephens in berkshireia. a girl lured him to a field in reading where two boys stabbed him to death. his parents have paid an emotional tribute to him and spoken of their devastation. 0ur correspondent helena wilkinson has more. 0lly was, his parents say, generous, caring and always a stand up for the defenceless. here he is leaving his home on the day he was killed. he'd just told his mum he loved her. 15 minutes later, there was a knock at the door. and then i went to the door and it was a boy that i knew... ..0lly wouldn't have anything to do with, normally. and he said, "0lly�*s been stabbed." and ijust remember running back towards the stairs, because stuart was upstairs and shouting, "0lly�*s been stabbed," and his sister was up there as well, and they both came screaming down the stairs. and you ran out without your shoes on over to the field, and ijust, i remember when i got there, stuart just fell to his knees, and he just was screaming, "my boy, my boy, no!" and he screamed that, and i looked ove

sentenced to a total of 28 years in detention or prison for killing 13—year—old 0lly stephens in berkshire a row over social media. a girl lured him to the field in reading where two boys stabbed him to death. his parents have paid an emotional tribute to him and spoken of their devastation. 0ur correspondent helena wilkinson has more. 0lly was, his parents say, generous, caring and always a stand up for the defenceless. here he is leaving home on the day he was killed. he'd just told his mum he loved her. and then i went to the door and it was a boy that i knew... ..0lly wouldn't have anything to do with normally. and he said "0lly�*s been stabbed." and ijust remember running back towards the stairs, because stuart was upstairs and shouting "0lly�*s been stabbed," and his sister was up there as well, and they both came screaming down the stairs, and you ran out without your shoes on over to the field, and ijust, i remember when i got there, stuartjust fell to his knees, and he just was screaming "my boy, my boy, no." and he screamed that, and i looked over and 0lly was just completely lif

warren buffett over and over the berkshire hathaway part of the crime. and then benefiting not only by immunity from the crime, but then buying assets for pennies on the dollar as a result of his own terminology as well as the other wall street bank. so it's really a virtuous circle of crime. the u. k, of course, is set the standard for a class war and till featuring the poor through a lead ism. but the us, you know, we have a revolutionary warning get away from that. sadly, we're pretty much given away everything at this point. so you can see the 2 tier system coming in, they're projecting what they're really understanding what the c, b c's. as kaiser report has pointed out these central bank, digital currencies, they see a new harder, better money bitcoin. right. and like a cargo called, they want to mimic the like. our currency is also digital. it's also online, right. and therefore it's as good as big coin. no, it's not. that's how the central bank system is. fee up on top of gold. remember they had gold for a long time, thousands of years, and then

twitter account, of course, centrally outperforming bitcoin that's and p $500.00 and warren buffett. berkshire hathaway. wow. so we've been getting it wrong. all along. all we had to do is get on to which and follow this hamsters live stream. and i mean, he knows what he's doing, you can see he go through the by when it's time. sometimes i have noticed in some of the videos that i watch the likes to go through the by tunnel than right through the cell tunnel. he knows right away, he's get that volume trading up here on top. we could learn a thing or 2. for the time, you can catch boom bus on demand on the portable tv app available on smartphones and tablets, through google play in the apple app store. all you gotta do is just search portable tv, portable tv. you can also download it on samsung, smart tv and roku devices or simply check it out at portable tv. well see you next, send me the land of universal healthcare makes america the country of every man for himself . we have a retirement crisis in this country and we have a health care crisis for seniors in this country as well. so private b

sentenced to a total of 28 years in detention or prison for killing 13—year—old 0lly stephens at a berkshirefield in reading where two boys stabbed him to death in january this year. 0ur correspondent helena wilkinson has more. 0lly was, his parents say, generous, caring and always a stand up for the defenceless. here he is leaving home on the day he was killed. he'd just told his mum he loved her. and then i went to the door and it was a boy that i knew... ..0lly wouldn't have anything to do with normally. and he said "0lly�*s been stabbed." and ijust remember running back towards the stairs, because stuart was upstairs and shouting "0lly�*s been stabbed," and his sister was up there as well, and they both came screaming down the stairs, and you ran out without your shoes on over to the field, and ijust, i remember when i got there, stuart just fell to his knees, and he just was screaming "my boy, my boy, no." and he screamed that, and i looked over and 0lly wasjust com pletely lifeless. an off duty nurse found 0lly. she tried to resuscitate him but he died at the scene. today 0lly�*s paren

children have been sentenced to a total of 28 years for killing reading teenager olly stephens in a berkshirefriend at a pub. elsewhere, a report warns it could take a decade to clear the backlog of cancer treatment in england. and anyone for doubles? the duchess of cambridge congratulates emma raducanu on winning the us open, as she looks ahead to the future. i still think i have a lot of room for development _ in terms of my tennis career and where it can go, - so i'm excited to start working on it. - three teenagers have been sentenced at reading crown court for their part in the murder of 13—year—old olly stephens. two 14 year old boys were given to 13 years and 12 years respectively in a young offenders institution. a 14 year old girl who lured olly to the park where the attack took place was sentenced to three years and two months. helena wilkinson reports. thejudge is continuing the judge is continuing with thejudge is continuing with her sentencing remarks. she has already handed down those sentences to the 3i4—year—olds, two boys and a girl. two of them within the dock, one of them w

2018 how do you go up against not only nike but brooks which is p play running on by warren buffett berkshire the power and the cash pile behind it with the buffett money, what is your strategy in taking more market share. >> one is living at the end of the section of technology and sustainability. this is how it's all around the world we have an amazing team working very closely with our consumers and our retail partners and our partners all around the world i have full confidence in this team that they can be successful and very competitive. liz: i know you're in apparel and i'm interested to know your next efforts, i know you have a hiking booth, will you start branding university shoes like under armour which has a new auburn university shoe out. >> we are a brand out of performance running in the natural progression that people said my most controversial running shoe that i want to run all day and everyday, and let us into thickness and running in all day customers as we call it these are some of the biggest segments in sports and the very discipline to execute on that because we feel we

that is a better return than bitcoin over the same time period, s&p, nasdaq, and warren buffett's berkshirehile the trading platform e toro seems to be caught on a wheel of its own as it tries to go public amid increased regulatory scrutiny, the ceo is here on when the exchange may finally make it to the market, and what's working with the sec is really like right now. cryptocurrency is actually turning around seeing some games , bitcoin had been lagging earlier today it's up half a percent of $183 to 43, 178 and yes, ether moving higher too, we're coming right back. as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com black rock silver is bringi

heaviest rains, connecticut to the berkshires, and tomorrow we'll get more rain, boston all the way throughe. the rest of the country is like what rain? it is dry, it is sunny, fall, warm, nice, from the southeast all the way through the middle of the country, looking really great. the west coast, no complaints whatsoever. even phoenix has cooled off slightly. and then as we head into your weekend, there's that rain in maine and down into boston on saturday. much of the country is dry and pretty warm for this time of year. and then as we head into sunday, we'll label that gorgeous. what a beautiful day it's going to be in areas from the mid-atlantic, the ohio valley, northeast, the cool, crisp fall air. the humidity is pretty much very low. so it doesn't feel like summer. but areas in the middle of the country still warmer than they'd like, jonathan, with temperatures in the 90s. where's the yankees/red sox series? is that in fenway? >> that's exactly where i was going. it's tonight, tomorrow late afternoon, 4:00, and sunday night. what do you think? are they going to get these games in? >>

as well, i love the q's, i own arc, but i also own a small cap value focus, and i own things like berkshire hathaway and jpmorgan because i don't know what the future holds. i saw cramer's six things to be concerned about. i do think the big risk in the market longer term is a policy misstep, because we all know that we have real inflation in beef, we have inflation in poultry and pork and houses. but none of that gets picked up in the cpi and the pce if the fed is going to continue to wait until unemployment gets back to that level, while we have five jobs available for every four, we're in this unchartered kind of banana-land here that i don't know how that's going to play out i want to be really diversified, i love what i own but i'm definitely notgoing to make an big bets on what's going to happen over the next year because i think it's very unknown and there's a lot of uncertainties, mainly caused bit pandemic and the fed >> look, the negativity is certainly building so you can understand why people are getting a little cautious or nerves this week alone, what are we, thursday goldman

children have been sentenced to a total of 28 years for killing reading teenager olly stephens in a berkshireaily call for reforms to social media. there is a cancer and our children's lives. it starts with the use of a mobile phone, with apps that were provided to entertaining, yet are used to spread slander, hatred, misinformation and bile, and ends in the cold, cold—blooded murder. climate change protests dominate the run up to sunday's election in germany to replace angela merkel as chancellor after 16 years. reports the us reaches a deal to drop charges against huawei executive meng wa nzhou, who is currently being held in prison. and... the tennis royalty meets real royalty as kate and emma team up for a very special doubles pairing. hello and welcome to bbc news. police are searching for a man captured on cctv near where primary school teacher sabina nessa was killed in south east london a week ago. the images show the man walking in pegler square on the evening the 28—year—old was attacked. a 38—year—old man arrested in connection with the killing has been released under investigation

sentenced to a total of 28 years in detention or prison for killing 13—year—old olly stephens in berkshireabbed him to death. his parents have paid an emotional tribute to him and spoken of their devastation. our correspondent helena wilkinson has more. olly was, his parents say, generous, caring and always a stand up for the defenceless. here he is leaving home on the day he was killed. he'd just told his mum he loved her. and then i went to the door and it was a boy that i knew... ..0lly wouldn't have anything to do with normally. and he said "olly�*s been stabbed." and ijust remember running back towards the stairs, because stuart was upstairs and shouting "olly�*s been stabbed," and his sister was up there as well, and they both came screaming down the stairs, and you ran out without your shoes on over to the field, and ijust, i remember when i got there, stuart just fell to his knees, and he just was screaming "my boy, my boy, no." and he screamed that, and i looked over and olly wasjust com pletely lifeless. an off duty nurse found olly. she tried to resuscitate him but he died at th

people like berkshire hathaway investors have benefited from exactly that short-termism. that raises the question of why we need this new name and the optimistic view is that this is a semantic distinction. we all mean the same thing. when we say stakeholder, if you are doing it for the long run, this is the business roundtable perspective. i think it is more nefarious. i think the vagueness you cited about stakeholder capitalism is a feature that allows the people who invent these terms to aggregate more power for themselves. the thing that puzzles me is for the senate people who are so skeptical of these corporate boards, why in the world would we want to aggregate even more power in their hands? not just to exercise power in the marketplace but social and political power in the market place of ideas. that is the mystery at the heart of the debate. sen. tillis: thank you very much. thank you, mr. chair. actually, it is good to see you. >> good to see you senator. sen. tillis: i was not able to participate in the other testimony. i was responsible for the markup of two b

some of the biggest companies out there that don't have latino representation berkshire hathaway andey have someone sitting on their board who is representing especially who their customer base is >> well, first thing you mentioned is that latinos are the least represented on board seats and we have the widest gap to close compared to the talent pool but what's more and what you mentioned is that over the last ten years, we have lost ground and this is, the numbers only went up 1% in the population, 3% so, these companies are really -- >> why does it matter to the bottom line of these companies >> well, the most important thing is this is not just about the right thing to do. this is good for business. latinos are driving business growth in the u.s. there's plenty of talent and the market share is huge boards without latinos are incomplete we're two in ten americans we're driving 10% of gdp growth in this country. our market share is growing70% higher than any other group. by the way, in the employment base, latinos contribute 72% of new entrance to the workforce. this is the current

domestic and chaotic -- random and cray onhaoticchaotic beating the s&p 500 and outperforming the berkshireso reminder -- just buy a mutual fund and sit back. don't try to pick them. >> be conservative. right? a hamster? >> a hamster. mr. gox. >> as jill says, jill schlesinger, ride it out. don't freak out. just watch it go up and down, up and down. it will be okay. >> not on a hamster wheel. >> not on a hamster wheel. >>> my "talk of the table" is a woman in maine facing terrorism charges for allegedly calling in a bomb threat so she could see her boyfriend. what? yep. let me say that again. she called in a bomb threat so she could see her boyfriend. >> is that not roman sonic. >> right. this is 33-year-old kayla blake. she called in not one but two bomb threats to a factory where herboyfriend worked. she allegedly, she told police, she wanted to spend more time with him. the factory was evacuated. authorities say they traced the calls to blake on her phone, and she confessed that there were no bombs. she was charged with a felony count of terrorizing. the reason why this is so upsetting t

it ran for ten years in the berkshire mountains giving kids the freedom to play and reflect. of these kids there who were from the same experience, and all of these people there who just, like, want to make us happy, and just let us be kids. >> reporter: when i visited america's camp during its last summer in 2011 i met kaitlyn levy and brittany halshiger whose dads worked together in the same fire house. they became bunkmates and eventually counselors together.. from something bad, something great. this is definitely something great. >> so good to see you. >> reporter: now 20 years after the loss of their dads, back together again for a camp reunion. >> just tell me what that place meant to you? >> it just brought out so much light and the sunshine for me, and -- and >> friends to the end. from something bad came something great. this is definitely something great. >> so good to see you. >> reporter: now 20 years after the loss of their dads, back together again for a camp reunion. just tell me what that place meant to you >> it just brought out so much light and the sunshin

that isn't newbury in berkshire, a few people deciding they will fill up while they can.asts them for five days but he says looking at the current rate of demand it will probably last him about three days, and the problem is theyjust don't know when they will get another delivery. bp said it will prioritise motorways and interior roots but this is not one of them so they don't know when they will get a fresh delivery. normally if they need to they can call up and a truck will arrive within 24 hours. some suggestion that, as far as bp are concerned, that could take up to ten days to get here. so it is a problem if people start buying more, and the boss was telling me a little earlier theyjust don't know when the next supply will come. the planning is all very difficult at the moment anyway for the companies delivering the fuel, so if you put that out of sync it becomes even more difficult and problematic for them. talking logistics, i know you get a couple of deliveries every ten days. how long, that would last you five days? what are they telling you about getting deliver

most of the ev companies in extended hours turned around byd still under pressure that is the one berkshirestak. and eunice, cathie wood talked about the stocks trying to apiece the chinese government. is that what they are doing? some are doing a better job than others >> reporter: absolutely. a lot of companies scrambling when they are not asked to accommodate or at least have the best guess to what the next regulation is going to be for their sector i think another way that people are sifting through the tea leaves is in the ev sector is whether or not the government is going to particularly target bigger players or will they promote smaller players? for the evs, the target is the smaller players in the ev sector tech regulators want bigger players become big wither. that is why you see byd a traditional player is suddenly seeing the stock rally as opposed to the other sectors where the government is trying to crackdown on alibaba or tencent to try to encourage the competition for the middle level players. >> a lot of thought needs to go into the process if you are an investor >> reporte