warren buffet's big bets will tell you what berkshire hathaway bought and sold in the latest quarter.r's worst nightmare, no, it is not traffic. we're talking the other key, taxes. why the work-from-home trend could be causing major issues for many of you, and you don't even know it you're watching "worldwide exchange" right here on cnbc all right. welcome back to "worldwide exchange," i'm brian sullivan, everybody, thanks for joining us on this wednesday. here's how the markets and your money look right now stock futures are not giving you a lot of help as to which way this market wants to go. kind of like yesterday started strong, tapered off toward the end of the day. that's effectively what we got the s&p 500 futures, we'll call them flat. let's get a check on the cryptos, because bitcoin hit 50,000 yesterday bitcoin right now is up 51,609 the institutional buyer continues to come in bitcoin remains hot. you've got ether on the coin base exchange at 18,160. who's got their bitcoin 60,000 hat sitting around oil and gas, also some of the big news items this morning. that deep freeze

if you own berkshire hathaway's stock, of course even then, what? are you going to argue with them the 13f used to be relevant for tens of millions of investors because they would try to glean from it. i'll give you a great example. dour during the dotcom bubble warren buffett was buying housing stocks you know what he was doing he was positioning himself for the next bubble. he was buying aluminum siding companies and companies that built homes and that's how he spent his time in 2000 while everyone was chasing fiber optics and dotcom stuff. he's always been ahead of the curve and he's always been on to the next thing this time he wasn't, and i really don't think there's any signal for non-berkshire shareholders to take away from any of his buys and sells. he bought barrett gold in one quarter and sold it the next quarter. there's no rhyme or reason -- there's nothing you could take away from that. >> sure. >> justsay -- go ahead >> one of the reasons why i went to you is you own berkshire shares so you would have a unique perspective. >> i do. >>

berkshire hathaway has snapped up shares in three new companies.evron, and marsh & mclennan. the reduction in apple left warren buffett with a stake value at $120 billion at the end of 2020. the iphone maker remains his biggest single stock holding. citigroup is struggling to recover half $1 billion it accidentally paid out due to a -- due to a 30-year-old legal precedent that is effectively finders keepers. the bank is appealing the lenders to revlon can keep the money. citi meant to send them an interest payment, but ended up including the principal as well. matt: laura wright in london with your business flash. qatar's plan to keep the lng top spot. our interview with the energy minister of the world's largest producer of liquefied natural gas is next. this is bloomberg. ♪ when you switch to xfinity mobile, you're choosing to get connected to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your

warren buffett's berkshire hathaway prepares itses annual letter to shareholders.ake a look at the company's investment strategies. but we begin, as always, with what we think are the three most important things investors ought to be thinking about right now. earnings season is wrapping up, and in the fourth quarter, profits rose. is there room for more market gains? energy prices were on the move this week, and stocks in the sector are poised for gains as extreme winter weather wreaks havoc across much of the country. and nasa's perseverance rover touched down on mars as investors are increasingly looking towards space. al root, carlton english and jack howe on the roundtable. bitcoin sucked up all the oxygen in the buzz headlines, but you're looking below the surface at earn, and there was some big news there as well, jack. >> welcome to earnings valhalla. one quick peek at bitcoin, right? over $55,000 and over a trillion dollars in market value. if it were a u.s. company right now, it'd be larger than tesla, facebook, but i'm not going to say any more about bitc

. >> yeah, no ken, and just full disclosure, earlier this year i sold berkshire hathaway and i boughtook but look, look at berkshire hathaway, the old gm and arc innovation owns tesla so it's certainly a different story but if you look at the names in berkshire hathaway, it's dividend-paying stocks, it's long term sort of stable growth names, plus you have the apples in there as well , so i think it's a different cup of tea. the reason why i sold it by the way i was very sorried about success suggestion planning you got a 90-year-old warren buffett and it's something i still don't feel the company has addressed. charles: everyone is agreeing that cathie wood is doing something special. do you take a shot at warren buffett, aside from the age, some are saying he's sold all of his airlines, mitch and the airlines went up 95%, and he's resisted a lot of these things, charlie monger went nuts this week about robinhood trader s i saw a tweet that he and buffett underperformed the markets in part because they don't understand technology. is there something about invest ing right now that is

. >>> news alert on berkshire hathaway the 13f filing is out and moving stocks leslie picker with thee two stocks moving as a result of this filing include chevron and verizon. berkshire hathaway revealing stakes in both of them about 48 million shares worth $4 billion in chevron that's as of december 31st and in verizon, 147 million shares worth nearly $9 billion as of the end of december. now these two names, they had actually held the stock -- both stocks as of september 30th, the previous quarter but they had been kept confidential before. this is the first we are learning about these two names although it appears that berkshire hathaway has been holding them for quite some time took a smaller new stake in marsh and mclennan. >> no longer reporting a position in pnc and jp morgan, which is interesting an ongoing move in that direction to sell down their positions in the banks. >>> kquantumscape without with quarterly reports. >> the company reported a fourth quarter result -- nobody had an estimate on what to expect they lost $2.41 a share. there was no estimate out there. this is

the break and as we head to that break, check our shares of verizon, warren buffett shares of berkshire hathawayth quarter. we're back after this. >>> time now for today's aflac trivia question. what publicly traded company was founded in 1968 under the name mm electronics the answer when cnbc's "squawk box" continues t me money to help cover her hospital bill when my health insurance didn't pay for all of it. but this isn't fair! that's exactly what i said! but then i learned health insurance isn't even supposed to cover everything. wait...for real? for real real. luckily i had aflac. aflac!!! get help with expenses health insurance doesn't cover. go aflac! !mm-hm! get to know us at aflac.com. !mm-hm! dana-farber cancer institute discovered the pd-l1 pathway. pd-l1. they changed how the world fights cancer. blocking the pd-l1 protein, lets the immune system attack, attack, attack cancer. pd-l1 transformed, revolutionized, immunotherapy. pd-l1 saved my life. saved my life. saved my life. what we do here at dana-faber, changes lives everywhere. everywhere. everywhere. everywhere. everywhere. [typ

haidi: our finance reporter covering warren buffett and berkshire hathaway.ustralian prime minister is under pressure with one of his ministers accused of rape three decades ago. this is bloomberg. ♪ when you switch to xfinity mobile, you're choosing to get connected to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. haidi: australian prime minister scott morrison is coming under pressure the cause of one of his ministers is accused of rape 30 years ago. what we know about these allegations? >> it all came to light in an anonymous letter. it it -- it included a statement from the victim related to the alleged rape that happened in 1988. the woman took her own life

they've been the ones that have been the most correlated and within the financials you have berkshire hathawayh are both names we find attractive here and continue to find attractive. berkshire is just a great play on the industrials and you have apple. it is a quarter apple, a quarter cash and half of all its private companies is the other half, the market cap we think there is a great upside potential there. bank america is just a play on the rising rate environment as well while we do tend to be concerned about rising interest rates we just remind as we always do that since the lows in march, 2009, more than 100% of the gains in the s&p 500 have come when rates were rising not when they're falling. so we're at 1.3 on the ten year yield. that is hardly a level to be worried about. the s&p dividend yield is 1.5% if you gave me the choice between 1.5% yield and the s&p 500 or 1.5% ten year treasury i'd take the s&p 500 any day of the week pretty much >>> it also raises the question about whether rates will continue to rise and at what pace what speed and why they're rising so quickly >> yes ab

i want to look at asset managers, broker dealers and berkshire hathaway could be the next mega-cap breakout this stock has done nothing in a very long time both in absolute terms and relative to the market massive market cap and huge implications if this thing gets on its horse for the rest of the quote, unquote, value cyclical trade. i think jon correctly highlights that spread and all eyes are glued on it. now do the other thing you were going to do. >> i was going to come to you are about berkshire after i went to jason because he's keenly focused on the 210 spread that you were talking about, but nonetheless, is still works this way any way with you, jason with your buy of the vanguard financials and very much 210 is what you're looking at. >> absolutely. so when i think about as previously mentioned, the spread between the two and ten is the widest it's been since 2017 and i mentioned at the top of the show the 30-year flirting with 2% so we've owned the kre early we bought that in december, but vfh is giving us broad-based exposure to the larger banks and kind of following the spread

berkshire hathaway's charlie monger might be getting wrong about the bitcoins.t back. ♪ some say this is my greatest challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) do you have a life insurance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit conventrydirect.com to find out if you policy qualifies. or call the number on your screen. coventry direct, redefining insurance. charles: the american consumer about to get a massive jolt from president biden's $1.89 trillion replan we said about a done deal. look at impact on consumer and economy. look at credit balances have come down. many used a large ch

.>> reporter: investments by berkshire hathaway and verizon and chevron climbed wednesday but the broader market was mixed and the dow industrials finished at 90 points and the nasdaq lost 82 and 2 two a slide in tech shares. minutes from the policy meeting the anuary will release ongoing coronavirus pandemic still poses considerable risk to the economy. the committee also signaled it is in favor of keeping interest rates low. this afternoon lawmakers are such a question some of the key players involved in the game stop trading frenzy. the ceo of robin hood and reddit are scheduled to appear as well as the roaring kitty who urged investors to buy the stock. two hedge fund investors are expected to testify. one lost billions. at is the report. for more had to cbs money watch.comm. >>> today, the newest mars rover is expected to land on the red planet beginning and historic new mission. >> after this journey the rover will land this afternoon. >> left off. as the countdown continues. >> perseverance blasted off from kennedy space center in july. exple the planet for signs of c microscopic m

berkshire hathaway just released through its 13-f sec filings some major changes to its holdings. first up, buffett's jumping, at least it seems, on the 5g bandwagon, adding to stakes of t-mobile, doubling it, but also a very large stake in verizon. that's not the only trend he's following, health care companies were a hot ticket. he added to bristol-myers squibb and merck. berkshire also began investing in chevron. elsewhere most notably berkshire cut its position in apple and and wells fargo but dumped out of jpmorgan altogether. let's bring in our traders to deconstruct what's going on here. teddy weisberg and scott bauer. teddy, what jumps out at you? i think it's very interesting he buys a whole basket and may or may not be him, he's got his two traders as well helping him, but he buys a whole basket of health care names and then he adds t-mobile and verizon. >> well, we don't have the privilege of getting inside his head, but clearly, you know, he's thinking what i think a lot of people are. if you go back, liz, i've been doing this since 1962. the only thing that changes ov

. >> steve weiss this now position is very interesting from berkshire hathaway you've obviously -- these stocks have had a huge move and what's happening in texas and the price of wti is right now north of $60. the highest end of the range that it's been in. this, to me, is a bet that you re-open trade and more consumption is going to lead energy stocks like chevron higher, yes? >> you know, it's kind of interesting. everything that buffett does, i believe, is bottoms up he's been clear about that he's not investing based upon the ten-year or another macro factor or thematically, but chevron, i did find very interesting given where prices are now. th of course, we don't know exactly when he entered the position and it could have been when oil was lower and it could be over a 90-day period. here's what i'd say. look, nobody's right all of the time hopefully nobody's wrong all of the time i'm not an investor in energy stocks i think the news we got from saudi today and the increasing production and the texas weather or weather across the country, most of the country is a blowoff for energy

at any moment the berkshire hathaway ceo will release his 13-f filing which will name stocks he addedvid asman's in the fox business newsroom hunting for clues. [laughter] david: you know, i remember when you and i interviewed him many years ago. it hasn't all been great for him, he's made a couple of bad bets this year. he sold banks at a low, he sold airlines at a low, but he held on to that apple which has given him an increase of $55 billion in market cap. the real question is what is that mystery stock. he doesn't very often use, as you well know, liz, the undisclosed, the confidential filing. really doesn't use that much. last time was in 2015. he used it for a purchase of phillips 66 stock, and there's a lot of questions about what he may be doing this time with that mystery stock. walt disney's one he may be buying, maybe home depot, perhaps paypal, google. but there are a couple of oil stocks in there. and when you think of what's happened in the past couple of days -- in texas the past couple of todays and how people have underestimated, a lot of people, the market itself th

warren buffett's berkshire hathaway prepares itses annual letter to shareholders.s. but we begin, as always, with what we think are the three most important things investors ought to be thinking about right now. earnings season is wrapping up, and in the fourth quarter, profits rose. is there room

berkshire hathaway has snapped up shares in three new companies , verizon, chevron and insurance broker marsh mclennan. the iphone maker remains its biggest single stock holding. brexit is competing as -- with new york as the world's top financial hub. according to a survey only 31 percent think the u.k. capital comes out on top. only 12% think leaving the e.u. made london stronger. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. annmarie: coming up on the program, italy's new premier is set to present his strategy from the economic crisis and tackled the oncoming -- ongoing pandemic. this is bloomberg. annmarie: good morning, this is "bloomberg daybreak: europe." mario draghi is set to give his first speech as italy's premier today, unveiling his policy priorities before facing a confidence vote in the senate. joining us for an update on what is going on in rome is our european reporter. maria, mario draghi sure to win the senate vote, but what can we expect from the spe

let's talk - about warren buffett and more specifically his vice president of berkshire hathaway, charliedom to shackle that quite concerned about bubbles in the market, flagging bitcoin is a concern. what did he have to say? t concern. what did he have to sa ? ~ , ., say? i think first and foremost, _ say? i think first and foremost, people i say? i think first and l foremost, people have say? i think first and - foremost, people have been calling bubbles in the market for, it feels, the last 10 years or so. central banks have very much distorted the view of what constitutes a bubble in some of these markets. if there is someone i'm going to listen to, somebody like charlie mungo certainly among them. so i think it is something we cannot ignore. when you're seeing the kind of speculative mania that we have been witnessing already this year, it is no surprise that we are seeing these kinds of warnings, bitcoin, gamestop surging once again. it is quite clear that there are these signs that there is this frothy kind of behaviour in the markets. whether that will lead to a crash and when tha

investors are tumbling out this evening, and one of the most notable coming from warren buffett's berkshire hathaway seeing in the last few months of 2020, berkshire cut holdings of apple even though it was still valued at $120 billion at the end of last year. berkshire also added stakes in verizon and chevron. all right. turning to another story, what would life be like without google? that is what some australians are asking, as the country proposes a new law that would require google and facebook to pay dues publishers for content they link to. google has threatened to pull out of the country altogether is the law passes. facebook has threatened to limit features. joining me is a senior lecturer. doctor, thank you for joining us. where are we at with talks? sounds like the australian government is closer to a possible agreement with google and facebook at this point. belinda: right. the government are debating it in parliament this week. what we heard this morning is that google has come up with a deal with nine who own a number of media outlets in australia. so google now has a deal with nine. t

he talks about the fact that berkshire hathaway owns $54 billion of property and equipment.ysical, american-based stuff. and it's interesting because it's not the glamorous pre- revenue sort of edgy and forward leaning where we've seen some of -- [inaudible] a bit of a call to go back to basics and look at some of these industries underlying the stock prices and their results. neil: you know, francis, as i read more of his letter here, t not completely, you know, everything is roses and there are no thorns. even with the backup in interest rates this week and the fact that, you know, bonds were providing competition for stocks, he said fixed income investors worldwide face a bleak future. he says competitors from both regulatory and credit ratings reasons must focus on bonds, and i tell you, bonds are not the place to be these days. now, that flies in the face of all this worry over the last week where rates are back up. people say i'll park my money in that. what do you think? >> well, he is ever prescient, as we know, and he is foreshadowing the fact that bond yields canno

a piece of it is apple, we did get news of the 13 as that berkshire hathaway did trim their apple positione top holding, -- still their top holding, but may be cautionary move. the stock is down. back below its moving average, the worst day since january 29. since the

ellison's support for the president, but that's all over now, and story number three, a big name, berkshire hathaway set to reveal the name of it mystery investment from late last year the company will disclose its stock investments when it releases it 13 f report after the bell today, with this quarterly filing in mid november berkshire revealed it had made a confidential filing for certain unnamed investments. writing over the weekend, speculation has disney, paypal, google, home depot, exxon mobil or chevron as the top potential names, but who knows i guess we'll find out today. >>> let's get back to the markets and your money, and what we just talked about, really with all due respect to everything else, the only story that matters for the world, the vaccine rollout. as we noted, in the states, the rollout has ramped up. we are the most vaccinated large country in the world, and second by population. more than 16% of americans getting one shot, only behind the u.k. for most of europe, though, it has been a very different story. germany, italy, france, all have fewer than 5% of their population w

so, of course, this is berkshire hathaway, this is bank of america, this is j.p.everybody in the financial space, really, and the stock was -- or the etf was 32 bucks a share this morning and they were reaching up and buying the 33 calls out in april, scott, and they bought 50,000 of them that's 5 million share equivalent obviously, a large institutional bet and the shares go significantly higher and perhaps even pushed to the 35-ish level by april i'll be in those calls about six week, scott. second trade, las vegas sands and as you said at the top of the show, we're seeing cases, knock on wood, down significantly for covid. these guys, the more of these vaccinations and 1.6 million a day that are going out there, and that's great news for gaming they're buying these may calls at the 60 strike with the stock roughly $66.70, in other words, $4 above where we are and albeit several months and i think that perfectly coincides with where vegas starts to see the ramp from people being more comfortable going back out and those gaming table slots and all the rest fillin

the cloud data base rock star that warren buffett wasenamoredwith that his berkshire hathaway boughtof it, facing new competition. shares are down about 5% since wednesday's session high of 318 bucks as rival data bricks prepares to go public with a $28 billion valuation. yes, snowflake is way bigger than that but it's still looking also for an 11% gain on the week. pulling back about .25% right this minute. >>> t-mobile's trademark magenta getting traded for red after warning of higher coming costs on merging its existing and newly acquired sprint subject subjecters on to one network but never one to dwell on the negative, today it released a commercial it says was already banned from the super bowl due to spillover from the telecom wars. the ad giving the quote, real back story, the tom brady and rob gronkowski reunion in tampa bay. that's the thing about the internet. >>> the big game creating one very big bright spot in the markets at this hour. sports betting, penn national gaming hitting fresh record highs for a second straight day despite missing fourth quarter earnings and re

they start, it's probably going to be too late >> by the way, we just learned tonight that berkshire hathawayt a $4.1 billion stake in chevron as of the most recent filing obviously we don't know his position currently exactly, but he tends to be a longer term investor do you see value in some of these integrated name? >> i think you can if you thinkoil is going to go higher, which i tend to be in that camp. we have shut down a lot of oil production in the u.s. i think that the integrated names could do well. obviously they're going to get hurt from the electrification of the grid here, but you know, in the meantime, you still need to have that dependable base load, right? and that's where oil comes in on this is that you can't have -- what happened down in texas, you had the wind freeze up you had natural gas plants freeze up. you need to have this base load, so one oil is part of that mix, and i'd also look toward nuclear. that could be a really interesting trade over the next couple of years. >> yeah. steve gras sew, with what is going on in texas, does that underscore -- these are two sep

shares of amc and koss also saw a spike as berkshire hathaway's vice president said he was slamming theod trading app. he compared retail investing there to casino gambling. what's your take on the gamestop situation? >> i think on the one hand, robinhood has made gamification the outlook for that. there's more under the surface that we don't know yet. for the stock to act like this and the company to say nothing after we've seen the volatility, suggests there's something going on and people outside of the company know about it and if there's a major news item that's going to come up, really the rules suggest that the company is supposed to come out and announce there's a major event that's happening. if the market is reacting, if the stock is reacting and there doesn't seem to be relevant information and the fact that that jeffrey belgo got thrown out the other day, it's not enough of a headline to see the stock rally the way it did. i think probably there's something going on. i think the regulators should say, listen, you have to say something. this trading action is not making any s

especially in verizon, which is now one of the six biggest holds for berkshire hathaway this morningooks like things are pulling back a little bit. dow futures down at this point by 90 points, the s&p which was down yesterday by just a point is indicated down by just over 15 points this morning, and then the nasdaq, which was off by about a 1/2% yesterday is indicated lower by about 90 points as well let's also take a look at what's happening with the treasury markets. treasury yields you'll see at least right now, the ten high temperature year yielding at 1.28%. again, after crossing 1.3%, still sitting very near those elevated levels, at least compared to what we have seen very recently. and also let's take a look at what's been happening with bitcoin. it crossed above 50,000 for the first time on tuesday. this morning, it's back above 51,000, down by 1.2% 51,693 andrew. >> pretty crazy. we have been talking about bitcoin all week, but meantime we've got an update to bring you on the pandemic. some new reports this morning from the new england journal of medicine saying pfizer and

if you go to the really fun -- i would recommend all your viewers go to the 1998 berkshire hathaway annualne asked a question about the return of equity. buffett talked about it. they said it's impossible that american businesses have return on equity for a long time, much like we have had in this era. it's like having 500 jack welchs running around. the real secret of life is we competition -- weak competition. it is incredibly weak competition. we think the s&p 500 is going to make 2% compounded over the next 10 years. the great part two that is exactly what buffett said, weak competition. they said, how do you beat bobby fischer? you play him at any game other than chess. chess is technology stocks. we own way more than that. it's an arena where are 100 iq can dominate what people look to be 80 iq's and the energy space. if the markets do poorly, the explanation will be tech. it's just too large. the 2000's were noted by a high r-squared of tech to the market. tech has done really well. and so have the markets. the only way out is if market returns are poor, tech will lead the declines.

his berkshire hathaway reduced its holdings in apple.trast to other positions investment funds have revealed in regulatory filings. it also showed it was in contrast to what buffett's company will was adding. they added shares of verizon and marshall maclennan which is an insurance company, also chevron. that is where they were going. what was really interesting, we focus so much on warren buffett, is this saudi sovereign wealth fund. it had $3.3 billion in game makers such as take-two, electronic arts and blizzard. also, we learned what different headphones were in gamestop. maverick, one of them, had a significant position. haslinda: su, on the topic of gamestop, give us the preview on the hearings about to get underway before u.s. lawmakers. su: february 18 is the date of the hearing. it will focus on gamestop but hick have a copy such as shortselling, market manipulation, short squeeze, and the roles of kim of acacian of trading -- gamification of trading on social media. those topics were outlined on a memo sent by the house financi

let's turn to one big investor moment, berkshire hathaway's annual report.n buffett is being accused of a tone deaf response in his later missive to shareholders. the 15 page letter barely mission -- rarely mentions the pandemic that has devastated the u.s. economy and steers clear of the storming of the u.s. capitol last month. let's bring in our finance reporter. >> it's true, we do not hear much from warren buffett in 2020, and that lengths this letter more weight. i think investors were eager to hear how his businesses have been faring during the pandemic and his thoughts on how it was all going. it was a bit surprising that we do not see him mention the pandemic, he really stuck to his talking about berkshire and his company and how it was doing. we did not get his broader takes on these economic issues. he repeated his familiar refrain of never bet against america, but he did not steer into the political stuff he has tried to avoid over the past four years. it was revealing, but it missed some of the big topics people were eager to get his thoughts on.

. >>> and berkshire hathaway's warren buffett saying never bet against america but also admitting hest him $11 billion last year. his annual letter to shareholders, the so-called oracle of omaha says an aerospace company he bought in 2016 went bad forcing him to deduct that money from the books. wow, $11 billion. arthel? arthel: eric, thank you. pride. 's nearly $2 trillion stimulus bill is on its way to the senate after the house voted to pass the package early this morning. two democrats joined all republicans in voting against it. the senate parliamentarian has already ruled out the bill's provision to raise the federal minimum wage saying it breaks budgetary rules. let's bring in chris bedford, senior editor for "the federalist." so the bill is not expected the fly intact on to the senate side without the provision, though, to increase minimum wage to $15, is it still considered a good bill? >> it's certainly one that's more likely to pass the senate, and i think this was a big relief for democratic members. while a $15 minimum wage makes accept even in some cities and states, it

this is the associate broker with berkshire hathaway, karen howells has the listing on this home.ituations, bidding wars. she tells us it is not always the highest offer that will win a home. care return, he will does a little bit more about that. how you navigate the process and what makes an offer stand out when you're representing a buyer? >> thank you for this opportunity. it is our job working with buyers to make it as compelling as possible. make sure the contracts are filled out, complete and accurate. we have all the appropriate documents attached to the offer. what really sellers looking for, 20% down, cash offer, that is really good, we try to make it as compelling, we'll move an appraisal. maybe we'll limit home inspection items to major structural on safety. the big thing, actually is, meeting the seller's closing date. that is important. so it is not always price. reporter: being able to move quickly to sell the homes to keep the market moving. we're learning properties are not sitting very long. other tips from experts, stuart, have a preapproval ready. you want to k

berkshire hathaway is half a trillion dollar company. one of the 10 largest in america.s hundreds of billions. all all of sudden trillions plural. susan: right. stuart: my goodness me. >>> susan, thank you very much indeed. part of the biden administration school reopening plan figure out how to monitor students and teachers for covid. how do you monitor them? grady trimble has a report from illinois. what is this about thermal imaging. reporter: it takes your temperature, stu. that is one easy way to monitor whether staff, teachers, students, have a temperature when they're coming into schools. so this is the technology here. it is by dubak electrical group. they have been using it since last october at pleasant middle school. how it works. i'm standing in the frame of that camera. we show you on the monitor, it is i can picking up my face and body temperature. right now i don't seem to have a fever. call with d/b/a k. that is easy way to get students through at once and make sure they don't have temperature. >> it is wonderful. this eliminates hand-held temperature che

. >> so haven was the health care startup from amazon, berkshire hathaway and j.p.be one to bring better health care solutions to the employees, almost 1 million people across -- who were covered in those companies, and, you know, one of the clean results was there were a tremendous number of ideas that could be executed on, including leading a team to build a new health plan with no co-insurance and no deductibles, it was popular and rolled out to tens of thousands of people and are growing, but the implementation side handing over the operations of implementing moving benefits to one site among all of these companies. that went beyond what they were ready to do. implementation was going to be through their own individual companies and that was the reason it was dissolved. the key lesson is some things can be solved by the companies some things have to be done at the government level >> we made the mistake of putting you at the end of the hour we'll have to have you back soon. >> happy to talk to you. >> thanks, dr. gawande see you soon >> thanks, becks >>> three b

. >>> guys, there is some pretty interesting comments yesterday from berkshire hathaway, vice chairman, charley monger, sounded the alarm on the spac crazy for the darily journal. he was answering questions via yahoo live stream. he made clear that he is not a fan of all of this spac speculation. >> i don't participate at all, and i think the world would be better off without them. i think this kind of crazy speculation in enterprise is not even founder picked out yet is a sign of an irritating bubble it's just that the investment banking profession will sell [ bleep joe, the word you use is shih tzu, they'll be selling shih tzu as long as it's sold saying that the momentum driven trading frenzy is in his words, regrettable. >> robinhood trades are not free which you pay for order flow, you're probably charging your customers more in pretending to be free. it's a very dishonorable low grade way to talk, and nobody should believe that robinhood's trades are free. >> munger also equated commission free trading with what he called disgusting lies what else did he take issue with, bitcoin,

filings, we're expecting berkshire hathaway to reveal its latest big investment.inder, you can watch or listen to us live anytime on the cnbc app. we're coming right back. we see breakthrough medicines getting to patients in record time. at emerson, our automation software is empowering pharmaceutical companies to accelerate their production of critical vaccinations for the world. emerson. consider it solved. >>> welcome back to "squawk box. u.s. stock futures pointing to a higher open. up next, social media's role in the market >> lord knows i love to buy and hold since the pandemic day trading has become super trendy. >> i have been not been on a roller coaster like that since i went to six flags. >> this story is everywhere, and it sort of makes you feel like you should just read wall street and tomorrow be a millionaire. >> that is not true. it is actually extremely risky who needs bravo when you can watch cnbc these days. i mean, this is good reality television >> meet the influencer who wants to teach the world about money right after the break. good morning

who run the railroad industry gave an awful lot of money to the biden campaign particularly berkshire hathawayve: he said it wasn't about climate change, all about kickbacks back to political supporters. >> the climate change envoy is john carrie, secretary of state under barack obama, a video from 2019, he got an award called the arctic circle award, flew to iceland and the reason he got it was for his help with the paris climate accord and environmentalists praised him for that. he flew his private jet over there and the president of iceland criticized carry for flying his private plane to the award ceremony that had to do with the environment because it is a gas guzzling machine. reporting iceland in 2019, why he took a private jet. >> the only choice for someone like me who is traveling the world to win this battle, i have been involved in this fight for years, negotiated with president xi, the time it takes me i can't sail across the ocean, i have to fly to meet with people and get things done but what i am doing almost full-time is working to win the battle of climate change and in the e