etf that tracks the stock investment made by berkshire hathaway warren buffett. >> david: smart guy.gan? >> yeah, i love this etf. just don't expect to make your own billion dollars off of it. low-risk, low-reward. >> david: so kay. lifestyle stock. equity lifestyle property. >> this is tiedo the cover figures. i pays nice 3% dividend. recently upped t guidance. >> david: emac? >> price for lifestyles of the rich and famous right now. 33 types earnings. buy itn the down swing. >> david: that's it for "forbes on fox. have a great weekend. eric bolling and "cashin' in" starting now. ♪ ♪ >> eric: you better not be packing heat if you want that mocchachino. >> customers should not bring them inside the starbucks store. >> eric: the ceo asking customers to lve their guns at home and now a lot of americans, pro-gun americans are mad as hell. is he right or stepping on your rights? plus -- >> obviously, there were a lot of red flags. >> officials admitting there were warning signing about the navy yard shooter before he went on his ram pain. we heard this before about mass killers. so is th

ceoow berkshire hathaway warren buffett. he was interviewed at georgetown university by bank of america ceo brian moynihan for more than an hour. [applause] >> good evening, georgetown. it is a pleasure to be here. for those of you who were here last year, we had bono come talk to you about what he did. year, i was thinking about who we should bring in. i talked to bono and he said if you want to bring a real rock star, ring warren buffett. buffett.warren he has done things that i could never do. last year we brought you a rock star. this year, we brought you a real rock star. [applause] i am going to ask warren buffett a few questions and then we will take your questions in the crowd. where the president left off. this is your hometown. what are your best memories of being around georgetown? papers inered georgetown 66 years ago. i developed this affinity because in the hospital, people tipped. my regular customers, the ones who knew me, never tipped. one of the things they would do, they would give me cash checks. a woman

something that warren buffett agrees with and thinks is a great thing the federal reserve is the greatest hedge fund in history says warren buffett the eighty two year old who has led berkshire hathaway for more than four decades hailed the fed's ability to make money from bond purchases as a result of quantitative easing which in five years is more than tripled its balance sheet to more than three point six trillion dollars the fed is the greatest hedge fund in history he said yeah right ok it's a four trillion dollar hedge fund so if they want the price of stocks to move up

even know, which is sort of interesting in itself but somebody, even at berkshire hathaway, tracy britt. >> her title is warren buffett'sal assistant but really is -- he's empowered her with a lot of responsibility at berkshire hathaway which has a small core group at headquarters. so she gets a lot of time with warren buffett. she's chairman of three or four of his companies. she's chairman of heinz. involved in overseeing a lot of the companies in the berkshire hathaway portfolio. she flies around. definitely a comer. >> that has to be an insane job because berkshire hathaway owns such diverse properties. you have to catch up. all sorts of things. >> she also brings the average age there down by 30 years. >> exactly. i thought it was 85. >> she went to business school and got out and she really sent him a pitch. think about the education you get learning at the hands of the master. she's got such access to him it's unbelievable. >> oh, my gosh the president of cinnabon is 35. pat kole. she's cool. >> she went to the university of north florida and dropped out because she worked at hooters and she had the opportunity -

something that warren buffett agrees with and thinks is a great thing the federal reserve is the greatest hedge fund in history says warren buffett the eighty two year old who has led berkshire hathawayfor more than four decades hailed the fed's ability to make money from bond purchases as a result of quantitative easing which in five years is more than tripled its balance sheet to more than three point six trillion dollars the fed is the greatest hedge fund in history he said yeah right ok it's a four trillion dollar.

something that warren buffett agrees with and thanks is a great thing the federal reserve is the greatest hedge fund in history says warren buffett the eighty two year old who has led berkshire hathaway for more than four decades hailed the fed's ability to make money from bond purchases as a result of quantitative easing which in five years is more than tripled its balance sheet to more than three point six trillion dollars the fed is the greatest hedge fund in history he said yeah right ok it's a four trillion dollar hedge fund so if they want the price of stocks to move up they go in and they buy stocks they buy us and p. futures if they want the price of gold to go down they sell gold they sell naked futures in the gold market they work with banks on wall street selling futures contracts they.

something that warren buffett agrees with and thinks is a great thing the federal reserve is the greatest hedge fund in history says warren buffett the eighty two year old who has led berkshire hathaway for more than four decades hailed the fed's ability to make money from bond purchases as a result of quantitative easing which in five years has more than tripled its balance sheet to more than three point six trillion dollars the fed is the greatest hedge fund in history he said yeah right ok it's a four trillion dollar hedge fund so if they want the price of stocks to move up they go in and they buy stocks they buy us and p. futures if they want the price of gold to go down they sell gold they sell naked futures in the gold market they work with banks on wall street selling futures contracts they move prices where they want prices to go so in the case of stocks they like to move them higher because the dow jones according to alan greenspan another federal reserve chairman saying that everything that they do in policy in washington is to make the stock market go higher forget the fact that a vast majority of americans don't own stocks vast majority of americans are on food stamps are

warren buffett and berkshire hathaway proving yet again why he deserved that name.d comes from goldman during the financial crisis. should receive about 13 million shares of goldman by exchanging. it will make its sixth biggest shareholder. meanwhile losing money today, everyone it was j.c. penney. sears grew over the retailer's finances and whether its management and save it from the abyss. the stock is lows level since 1982 during savings to date before closing down more than 2%. two fifths of the market value has been wiped out over the last 15 trading session. and making a rating records. the series finale poll then converts in million viewers, the best and the show's history. amc investors are clearly happy with those numbers. the stock rallied more than 2%. that is all we have for you. i hope you may "money" today. be sure to tune in tomorrow for my interview with the ceo of florida blue. it is the largest insurer in the state. if you want to know what will happen if obamacare kicks in? and bet he has the answers. you can hear a cry from the horse's mouth. can

coming in at number two, warren buffett of berkshire hathaway with $58 billion.arry ellison of redwood city's oracle grabs the number three spot with $41 billion. other notables, larry page and sergey brin take the 13th and 14th spot with $24 billion a piece. mark zuckerberg, facebook, comes in at number 20, $19 billion. elon musk of tesla motors makes the list at number 61 with, oh, god, poor guy, he only has $6 billion. >> rob mayeda is also on that list. you don't release your w-2s, so we don't know. >> is your billion with a very small "b?" >> yes, lower case. absolutely. we've been looking at some interesting weather last couple of days around the bay area. temperatures warming up some today. sunshine for now. i know the calendar says it's still the last week of summer but we have a chance of some showers in the seven-day forecast. i'll have a look at that coming up. >>> rob, let's get to sports. first place a's try to keep the momentum going at home. colin kaepernick has to make good on a bet. the 49ers and raiders. they were on different sides of the win c

>> i think it's a miracle that warren buffett offers to invest our money for us. berkshire hathaway neil: ben, why i have you here, what do you make of the drum beat of war and how real is it and how big a deal it gets to be? >> it's terrifying to me. syria is a quagmire of quagmires. i really hope we don't get in. i don't see any point in it at all. >> neil: all right. front and center. it will be all anybody is talking about next week. presidential address next tuesday night. we'll cover it live as the nation once again on the brink of war. here's dave. ♪ ♪ >> david: well, get this. the very folks supporting the president the most are still hurting the most. take a look at this. while the nation's unemployment rate is now at 7.3%. it's much higher for the president's biggest fans. meanwhile, household income, for those same groups dropping. much more than the national average. under this president. and some here saying this is proving the administration's policies are hurting, not helping. but are they right? hi, i'm david asman. welcome to "forbes on fox." john tandy, rick unger,

something that warren buffett agrees with and thinks is a great thing the federal reserve is the greatest hedge fund in history says warren buffett the eighty two year old who has led berkshire hathaway for more than four decades hailed the fed's ability to make money from bond purchases as a result of quantitative easing which in five years is more than tripled its balance sheet to more than three point six trillion dollars the fed is the greatest hedge fund in history he said you know right ok it's a four trillion dollar hedge fund so if they want the price of stocks to move up they go in and they buy stocks they buy us and p. futures if they want the price of gold to go down they sell gold they sell naked futures in the gold market they work with banks on wall street selling futures contracts they move prices where they want prices to go so in the case of stocks they like to move them higher because the dow jones according to alan greenspan and other federal reserve chairman saying that everything that they do in policy in washington is to make the stock market go higher forget the fact that the vast majority of americans don't own stocks vast majority of americans are on food sta

next a conversation with berkshire hathaway ceo and investor warren buffett.eorgetown university, this is 15 minutes. [applause] [applause] >> good evening georgetown. it's a pleasure to be here. for those of you that were here last year we know we had -- and he helped us arrange that in all the hard work she does for our company. this year is thinking we should bring in -- i actually talked to bob and he said if you want to bring in a real rock real rock star bringig warren buffett in. here's a guy who has done more for philanthropy than i could ever do in a century so last year we brought you a rock star but this year we brought you a real rock star. [applause] so what we are going to do them i'm going to ask a series of questions over 25 or 30 minutes and then we will take your questions in the crowd and let the students ask one about his experiences. this is your hometown. this is part of your hometown so what are your best memories about being around georgetown? b. i delivered papers at georgetown hospital 66 years ago and i developed this affinity becaus

warren buffett maintains second place with 58 a half billion dollars. the head of berkshire hathawayiggest earner adding 12 and a half million dollars to his fortune. coracle co-founder of larry ellison did not do badly either rounding out the top three at $41 billion. up next, american students being eclipsed by their peers all around the world. fax that could end up in danger in our nation's prosperity, so says the author of a new book. he joins us here next. >> thirty years of your david stockwell was ronald reagan's financial backing. now he is saying watch out for all this money printing. here comes another crash. 9:20 a.m. eastern. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. ...amelia... neil an

warren buffett maintains second place with 58 a half billion dollars. the head of berkshire hathawayst earner adding 12 and a half million dollars to his fortune. coracle co-founder of larry ellison did not do badly either rounding out the top three at $41 billion. up next, american students being eclipsed by their peers all around the world. fax that could end up in danger in our nation's prosperity, so says the author of a new book. he joins us here next. >> thirty years of your david stockwell was ronald reagan's financial backing. now he is saying watch out for all this money printing. here comes another crash. 9:20 a.m. easte um... where's mrs. davis? she took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] get away fast with unlimited dou

. >>> up next remarks from berkshire hathaway ceo and investor warren buffett on philanthropy and economy hosted by georgetown university pity if he's interviewed by think of america ceo brian moynihan. warren buffett made over a 5 billion-dollar profit by investing in bank of america during the financial crisis. good evening, georgetown. it's a pleasure to be here. for those of you here last year you know that we had bono talk to you about what he did and help arrange that in the work for the company. i was thinking about who we should bring in and also talked about. he said if you want to bring a real rock star bring warren buffett. because here is a guy that has done more than i can ever do etc. so, last year we brought you a rock star and this year we brought you a real rock star. [applause] >> we are going to do is a series of questions over 25, 30 minutes and then take your questions and put the students have a chance to ask about his experiences. i'm going to start with where the president left off. this is your home town. so what are your best memories of being around georgetown?