have you talked to warren buffett about that?ll, we are all working for a shareholder so for me, we are stewards of a brand and our customers care so it was easy for us to set goals that set us on the journey to be carbon neutral and inclusive as a running brand to invite everyone in. from di to sustainability is, we have very distinct goals and we are working hard to meet them year by year so i think that's brand accountability and responsibility and we take it seriously but i think the world, there's seven and a half billion of us, who want to keep the planet healthy and from our perspective we want to include everyone in the run so i think these issues are real and i think every organization is going to deal with it but part of it reflects the fact that in this culture that burger has, they expect us to do the right things related to sustainability and inclusion and we are doing that every day best we can. liz: okay but we'll see, it is right there on your website. i printed out this page and you talk about how 22 million plas

so they're establishing that the younger generation as warren buffett said it's a wealth transfer from the young generation to the older and they do point out that it's all to do with government programs the government is intervening in australia on behalf of a certain sector of people i.e. the voters that vote the most the ones that will be happy with the price and therefore continue voting for those policies whereby you know those struggling to get on the housing ladder hopefully for the you know the politician they're working 3 or 4 jobs to save enough money to get on the housing ladder so they don't have time to go vote so you know these are the sort of this is why these schemes happen it's enough if you get enough of the voters to support your scheme then obviously you can continue to win reelection then these terms are ludicrous so it's like you have a shop on main street somewhere in america the government agents show up with baseball bats and they smash everything in the shop they steal all the inventory and they set fire to your store is your response going to be gosh i'm real

you home by yahoo for years we only have heard that buffett was acting against journalists and shortselling us and yet the hum of a new host at least until june 2021 we never heard that buffett was also looking into other matters for instance a potential market manipulation by wire cuts and signs why i caught. this just the order was in fact given to also examine why i caught a count in light of this press coverage which was to stop the full to name. of me cut up a public didn't hear about this because they probably wanted to prevent any details from escaping that would harm the company's reputation and names escape and they can survive for shift t.v. there is a whole range of rules that were strictly public reporting in order to protect market confidence and as for tom schultz is. the boston hot involved often actually misled the market through its behavior allowing wire cart to keep acquiring money as this meant across stores had one more year to loot the sinking ship they raked up another 1000000000 on that has now ended up somewhere it's one of the. we were terribly concerned tha

cited as warren buffett not ceo berkshire hathaway, that may be the way people go where they may notle company, they represent themselves. larry: liz peek will give you the last word. i know you and i both feel badly because robert lost his job and we would give him generous unemployment benefits, i know he wants to work. but what is your response to his generic point that the zoom ceos are heroes for weighing in on all of these issues. >> i think it depends who they're benefiting by doing that, if you take a position where the country is divided down the middle, who is not hurting, it's going to hurt your employees possibly because maybe you set your corporation up fory a boycott or a negative response from the other side, i think it's a mistake, i think there are situation where corporation need to be involved and outspoken and impact is a very good example of that. but on social policy and so forth, no, that is a mistake. larry: robert wolf, you have a job now your j fox contributor. >> were involved in 35 companies, they were pretty busy right now. >> i didn't want to continue to

regulator bof and has been conducting routine investigations due to the enormous fluctuations if not buffettnever asked to talk to the reporters they never asked to see any. material nothing then we read in the newspapers that puffin had opened a criminal complaint against 2 of our reporters for doing their job. and. now it is true that some short sellers bet against the stock but that is not illegal what i don't understand is how baffin thought that we were conspiring with these people. i have literally no idea what baffin thought they were doing there was also an unprecedented ban on short selling. if you learn some of things clearly financial regulator is investigating whether speculators so you make money through floating prices are. not isn't a shift and has announced fine and short selling a whack auction yes yes my father bought and did he act soon don't bought fastens reaction really so his confirmation of the employees that all these rumors must be unfounded on the sign come to your bluff and often reinforced my belief that everything was just fine. i was driving back from santa bar

. >> amazon, google, warren buffett among them. >> yes, buffett's company, berkshire hathaway, see's, geico, dairy queen, many others so the ceos of those companies, google, amazon, netflix, hundreds of others say they stand opposed to states changing their voting laws. they're all red states and many saw big upticks in democrats voting, in georgia's case, democrats winning. the governor of georgia said he signed georgia's new law to tamp down on voter fraud, but there was little to no voter fraud in georgia during the last election, and we know that because the governor of georgia told us so. >>> you may remember major league baseball moved its all-star game out of georgia in protest. now three senators, none from georgia, say they want to remove baseball special status protecting it from anti-trust rulings as a punishment. >>> lots going on in the senate. the heads of various intelligence agencies will brief senators on the threats to america. the senate may vote on the covid-19 hate crimes bill that deals with people who attack fellow americans because the attackers think they're

warren buffett has written about this at length in his recent annual letters, that phenomenon whereby berkshire's stack in apple keeps going up, so do the earnings, so does the share price. i think that can continue to happen for the next year, two years, three years, five years you just won't necessarily see the stock price get credit for that on any one day. so i think we have to lengthen, open the aperture a little wider, if you would, to view the story, it is so big. >> i understand. i hear you i'm not suggesting that i'm looking at apple in a one-day deal in any way. >> sure, i agree with you or not. >> it is just when you look at the trajectory of the stock you say, okay, they're going to do 54% revenue year over year and the stock hasn't really performed that well into the number i just didn't expect the reaction we are getting today. jenny, they had to do something right because goldman threw in the towel, finally, right? they had a sell call on apple for, i don't know, as long as i can remember at this point their price target was $83 it has to be, frankly, one of the worst s

i did it when warren buffett got out and i chased 'em down from 135 on down to 125, and now with the stock at 126, 127, i like again staying in these calls, laddering in these calls and collecting 3% for letting the stock sit there, if that's what it does for a month. because, judge, when you put a calculator to it, i'm double digit returns i'm creating through those call sales as well as a decent dividend i would say is extremely safe. i agree with everybody about services being huge. i think tim cook is likely too say more about how apple is going to integrate with automobiles and whether or not they're making their own or making them with mercedes-benz or hyundai or whomever it might be i think that's all, you know, upside from here and not priced in at all. but i think services and the rest will drive this story going forward. >> well, josh, multiples need to be justified now more than they have been in the last 12 months, right? 18 months. that's a fair statement, right i mean we had all of this multiple expansion on apple and all of these other names, especially out of the nasd

the electricity that's generated must match the consumption exactly the batteries serve as buffett is. a man you just you can see here that we charge the batteries before yesterday's champions league match to provide a backup power supply after the game we discharge the batteries ran them down to 50 percent capacity right now they're supplying electricity for a dutch grid operators at the time that. tries to get the most out of his best race but he doesn't want to overwork that. the amount of software that could. we develop software that compares the age of the battery and the amount of money that it can earn by generating electricity. at c income will keep charging and discharging a battery as long as it continues to produce revenue. to get the same is it but when it can no longer do that will replace it was it good for the. good it's nice to have. the batteries of electric cars in the stadium parking lot can also contribute power to the great. it's why those intellect all those pockets and i'm sure you could have 2000 electric cars connected to the system. and they'll not only charg

the electricity that's generated must match the consumption exactly the batteries serve as buffett is. about giving us or you can see here that we charge the batteries before yesterday's champions league match to provide a backup power supply after the game we discharge the batteries ran them down to 50 percent capacity right now they're supplying electricity for a dutch grid operators at the time that. mark has spent tries to get the most out of his past trace but he doesn't want to overwork that. software because. we've developed software that compares the age of the battery and the amount of money that it can earn by generating electricity. at c. in con will keep charging and discharging a battery as long as it continues to produce revenue. to get the same these additions but when it can no longer do that will replace it was a good fit in. it would have to switch to. the batteries of electric cars in the stadium parking lot can also contribute power to the great. it's why those intellect all those pockets and you could have 2000 electric cars connected to the system. and they'll no

and for the first time in over two decades, investor and business tycoon warren buffett fell out of the top five. he came in at number six. >>> disneyland release details about how to get tickets when that park reopens this month. guests will be required to have both a ticket and a reservation for the same day. starting on april 12, people who had tickets to the park during the shutdown will be able to make a reservation online. that system will open to all california residents on april 15th. the park is going to reopen april 30th. >>> it is the tale of of that helping of that . one veterinarian helping a vietnam veteran. the so-called street vet who once treated animals living with residents on skid row is now launching a fundraiser to pay for surgery for the veterans 's dog. ryan hill reports. >>he's family . >> reporter: richard lyon and his corgi mix courtney have a bond that go beyond pet and owner. >> had i not been notified, she would've been euthanized the following mortar . >> reporter: they have been on plenty of walks for six years, but richard noticed she was stopping more a

warren buffett has his money in the sperm.s like this is where there is huge potential but you are more likely to come across byo d not in cars but in buses, they are hugein in cars but in buses, they are huge in ev buses. this is xiaopeng, growing very quickly but not making any profit. they are making cars that are suspiciously like tesla and other entry—level of portable vehicles and also making this. a human —sized drone type thing. japan is bracing itself for a third round of emergency measures over the pandemic. that's after the governor of osaka, the country's third—largest city, submitted a request to call for a state of emergency. at least two other cities, including tokyo, is expected to follow suit. us drugmakerjohnson & johnson, not surprisingly, beating expectations for its first quarter earnings. it reported more than $12 billion in revenue, with $100 million coming from sales of its covid—19 vaccine alone, despite concerns of it causing rare blood clots. taiwanese contract electronics manufacturer foxconn will d

. >> we need to have the dams grew cloud louder, even warren buffett became a target because his berkshireings include pacificorp, the dam's owner, and in 2020 facing a license renewal to operate the dams under increased regulation, pacificorp later agreed to pay $200 million to remove the dam. i take it for the power company, it is just not worth it. >> to try to mitigate for all these impacts, it would be so expensive. >> reporter: for the tribe, it was a victory more than a century in the making. >> we're looking at restoration of salmon. and restoration of our culture. >> reporter: professor kondolf points to other dam removal projects. this one in washington state where the fish came back within a few years. >> there has been a lot of research about the importance of the salmon coming up, bringing all the nutrients from the ocean and providing the base of the food chain in these small streams where they spawn. >> reporter: for klamath homeowners, part of the 250 million dollars the state of california is contributing will compensate them it is a price that california was willing to pa

sounds and how fraudulent it is mossad funds and games and wholesale fraud you know like warren buffett's a famous guy for making investments but he got bailed out several times because he is engaged in illicit activities so the more illicit the more fraudulent something is the greater it is the easier it is to attract capital if you have an actual business like you're a girl scout selling girl scout cookies you know you're going to get thrown into the you know the bin of a trash bin because who wants to actually engage in something that's real for somebody who's real that might have a real future but if you can throw money away a fantastical nonexistent nonsensical ponzi scheme in a heartbeat you'll do it because there's the chance that that will make a great profit and you can just invest in 20 or 30 of them one of them is going to hit and you know we've often talked about how the entire. based debt based global economy is based on the ponzi scheme nice can see it in that sort of behavior as you mention that any any company with real cost of producing their product they get really penal

sounds and how fraudulent it is most of us funds in games and wholesale fraud you know like warren buffett's a famous guy for making investments but he got bailed out several times because he is engaged in illicit activities so the more illicit the more fraudulent something is the greater it is the easier it is to attract capital if you have an actual business like you're a girl scout selling girl scout cookies you know you're going to get thrown into the you know the bin of a trash bin because who wants to actually engage in something that's real for somebody who's real that might have a real future but if you can throw money away a fantastical nonexistent nonsensical ponzi scheme in a heartbeat you'll do it because there's the chance that that will make a great profit and you can just invest in 20 or 30 of them one of them is going to hit and you know we've often talked about how the entire. beast debt based global economy is based on a ponzi scheme nice can see it in that sort of behavior as you mention that any any company with real cost of producing their product they get really penaliz

like barack obama with his unique style of speaking what greater expression is not as good as warren buffettudiobook of the year is kevin hart. why am i yelling? and also marissa told may. you just guilty with that we have lawrence fishburn and mindy kaylee kevin bacon and alicia keys. jennifer garner, one of the luckiest man in america. also run dmc nominated in the same category as a televangelist. ♪♪ and then to be like if not only given you everything that you need. to about the award but when it comes to bars and now is my honor to give the first award for nonfiction and the finalist are >> the winner is. [applause] congratulations. i will be back later right now up next is the emmy award-winning author. [applause] still thank you john. it is great to be here. one of my former life that was a data entry clerk listening to audiobooks was the only thing keeping me alive. up next we have history and biography. >> this years audie for history and biography goes to. >> his truth is marching on. [applause] >> congratulations. next up his autobiography mmr which is supposed to be fact that som

the electricity that's generated must match the consumption exactly the batteries serve as buffett is. about to get the offer and you can see here that we charge the batteries before yesterday's champions league match to provide a backup power supply after the game we discharge the batteries ran them down to 50 percent capacity right now they're supplying electricity for a dutch grid operators that's the kind that. mark has spent tries to get the most out of his past trains but he doesn't want to overwork then. software because the we develop software that compares the age of the battery and the amount of money that it can earn by generating electricity. at c and con will keep charging and discharging a battery as long as it continues to produce revenue. to get the same these a d. but when it can no longer do that we'll replace it was a good fit in. good it's nice to have. the batteries of electric cars in the stadium parking lot can also contribute power to the great. that's why those intellect all those pockets and you could have 2000 electric cars connected to the system. and they'

warren buffett, amazon, and blackrock are the hundreds of companies uniting to oppose limits on votingaccording to the new york times, they signed on a letter denouncing what they call any discriminatory legislation making it harder for people to vote. republicans have been trying to enact new election rules in almost every state. now its members of president biden's own parties threatening to stall his agenda. 17 new york democrats in congress say that any economic recovery bills funded by tax increases will also need to fully restore the state and local tax reduction known assault which was removed during the trump. it's valuable for residents in high stack -- high tax states like new york and california. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton. this is bloomberg. >> this is bloomberg markets, i am matt miller. we are awaiting the first trade of coinbase shares on the nasdaq. we are trying to make a market. coinbase is set to open at $382 per share. though that indi

warren buffett signed individually and so is did samuel j. jackson and amy schumer. a slew of well-known law firms also lent their support. there were major interests that didn't sign, walmart, j.p. morgan chase and coca-cola among them. a letter was sent to the ceos the company is not in the business of business applications and two weeks ago, senate minority leader mitchell mcconnell said corporations should not be intimidated by the left and should stay out of politics. he noted his comments did not apply to political contributions. others have questioned whether the ceos have read the georgia bill. in similar fashion i asked those critical of corporate community have read the ad. "the times" reported that some participants wanted this line out that shanall and frazier insisted it remain. here is how it reads. i'd sign that. who wouldn't? but, then again, i'm one who also believes the georgia law has, in part, been m mischaracterized. i had a telephone call in mile program on thursday. chris from nashville identified himself as a former board member for one much b

triple digit percentage growth when you look at the investment bank buffett before tax. good quarter for deutsche bank. we are going to be speaking to the cfo in 30 minutes time on the bloomberg daybreak europe. you do not want to miss this conversation after this report out of frankfurt. we are going to be speaking with santander, delivery hero, and deutsche bank. you do not want to miss our results season, executives from across sectors. let's take a look at where they trade this morning. equities study, unchanged across asia. green on the screen when you look at futures across the u.s. and european equity markets. it is a big day for central banks on policy. joe biden nearly 100 days in office. the fed wraps up there fomc meeting. christine lagarde is going to be speaking at the aspen institute. let's look what's going on across assets. a little bit of selling in the treasury market. yields higher about 1.63% on the 10 year. brent crude 66. they decided to have an opec meeting and they decide they're going to keep an eye on india, but they will continue to supply more

wild west i went to a conference in orlando right outside disney when i walk in there was a jimmy buffett cover behind this was shortly after parkland. they had more vendors than they ever had before. there was this nauseating level of excitement pushing product on the superintendence. one woman basically had a tourniquet to illustrate how easy it was she had a six-year-old put it on her arm. she told me the story as a way to say look how simple the product is to use. nobody in the room to have that perspective for this industry to exist that kids have to continue to be murdered in their schools. nobody is reckoning with that reality they are just selling products. i'm sure some of those products would work. some seemed outlandish like bulletproof backpacks they were selling. whiteboards with drawings available women also meant to stop ak-47s. one guy a former special operations agent proposed an idea to embed like a kindergarten cop special ops agents in schools posing as gym teachers and they would be arms the whole time so they could more accurately shoot the gunmen and work with the t

this year especially we are from warren buffett. his letter was criticized is tone deaf. optimism. different things in the economy and government some of those concerns. optimism, he really does have the optimism about the economy booming into 2023. tom: he reaffirms it will build the palace and that they will build offices but boy does he have some comments. it's a standard joke here, i've never been on zoom and i feel privileged i've never been on zoom. here he is talking about what he and his team have learned about all this modern office architecture in the digital world. most professionals learn through an apprenticeship model. this could genetically undermine character. remote work virtually eliminates spontaneous learning and creativity. it is about the coffee machine is ended. >> it absolutely is a he says zoom a limited set follow-up. he is pretty specific. he says maybe 10% of people can be permanently working from home what most people, people working in the and many others will probably be coming to work permanently. >> there's also a question about the political tone a

warren buffett of amazon and blackrock are among the hundreds of companies and executives uniting toppose [indiscernible] they signed on to denouncing any discriminatory legislation, making it harder for people to vote. public debt or publicans have been trying to elect new republican gordon -- new voting rules in almost every state. we have seen the giant container ship that blocked the suez canal last month, authority seeking more than $900 million in compensation for third-party losses the you kp and i club says a claims and damages. global news, 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. alix: thank you so much, riddick up. as we are looking at the vaccine versus variant rate, the question becomes when do economies reopen? belgium is going to ban leisure travel abroad. that expires april 19. you can then travel abroad, and opening up a little bit on april 26. they will end restrictions on retailers and hair salons. for eight, restaurants are allowed to serve outdoors. they were also end the curfew and

you look at the, well, warren buffett's favorite measure, stock market capitalization as a ratio to gdpe where it was at the height of the.com boom. -- dotcom boom. matt: i have to cut you off because the president is walking out. president biden delivering remarks on the covid response. let's listen in. pres. biden: i sent a second goal, to deliver 200 million shots in my first 100 days of office. the goal, unmatched in the world or in prior mass vaccination efforts in american history. when tomorrow's vaccine numbers come out, it will show that, today, we did it. today, we hit 200 million shots at the 92nd day office. 200 million shots in 100 days, under 100 days, actually. it is an incredible achievement for the nation and here's the context. you know, at the pace we are moving -- we were moving when i took office, it would have taken almost seven months to reach 200 million shots. instead of marking this milestone in april, we would not have seen until early september at the earliest. some experts say that our rapid vaccination effort has already saved tens of thousands of american

very curious to see what we hear from warren buffett in terms of the optimism for the economy. last year, he sounded a little scared. this year the focus will be on the cash pile. is it time to buy something? jonathon: i am intrigued to hear what he has to say. pulling out of the airlines just as they took off time. lisa: he really has not timed that very well. he has not done very well on big tech. if you think the dynamism will be in the traditional place, how much do we actually have? jonathon: i don't -- i'm not sure that line works for me. i don't think people are reaching for that violin. a phenomenal investor who has done well over several decades. one small story that deserves some attention, why he pulled back from the airlines when he did just as things were getting much better for the months ahead. i want to turn to the price action on amazon. amazon is up by a little more than two percentage points on the back of a massive quarter. these numbers from credit suisse and the team over there. for the top five companies. apple, microsoft, google, facebook. they have all

[laughter] he was the jimmy buffett of supreme court justices. >> now have the image of marshall innate lions shirt. >> thank you very much for your question. adam would like to know is a james buchanan question and a marshall question. his wife was a federalist do we know if his early career he crosses paths with or it was influenced by john marshall? >> look they all knew each other. once buchanan comes to washington as a congressman he's got to know the supreme court justice and whether was influenced by marshall particularly i do not know. but just like anyplace else in lancaster at the time he started, you had to be a federalist. it's just the way it was when he finally converted so to speak. i don't want to get into buchanan too much but he was mostly influenced by henry clay was the generation federalist. >> very good thanks adam very much. live another question coming in from mick hughes. whit beecher to say marshall at a true appreciation for john adams effort to hold the country together after washington? >> he was a great friend of john adams. one of the mythical probably con

not warren buffett i'm not warren buffett, i never will be. can't pretend.he companies are what we need to worry about and companies are not impacted by a a raise in capital gains for 0.3% of the people. >> no they're not. they're more focused on raising the corporate tax to 28% >> that does impact. >> and paying for the infrastructure plan that has been put forward but when it comes to capital gains, that's not the issue. the issue becomes, does it in some way put the brakes on people's willingness to invest overall, jim. >> well, look, i mean what are they going to do with it i'm not saying it's devastating. because it's never been this high, but i just think that we have to say, this isn't going to fit. >> we got to remember this is about the house ways and means committee. richard neil who runs it and that is where a lot of the debate will take place there is not an expectation that you will get much support on the republican side but that's not where the fight will be, it will be amongst the more progressive democrats and more moderate democrats and i'm

ritika: warren buffett, amazon, and blackrock are uniting to sign onto to a letter denouncing what theyany discriminatory legislation making it harder for people to vote. republicans have been trying to enact new election laws in almost every state. egypt has seized the giant container ship that blocked the suez canal last month. authorities are seeking more than $900 billion in cooperation -- then $900 million in compensation. credit suisse has sold about $200 billion of stocks tied to the implosion after archegos capital management. thanks from new york to zurich have been unwinding leveraged equity bets and became the center of one of the biggest margin calls of all time. it will cost credit suisse and other banks about $1 billion in losses. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ jonathan: from new york city for our audience worldwide, this is "bloomberg surveillance." jp morgan is a little bit lower. goldman is absolutely flying. here's the st

warren buffett, amazon, and blackrock are amongst the hundreds of companies and executives uniting tolimits on voting. they signed on to a letter denouncing any discriminatory legislation, making it harder for people to vote. republicans have been trying to enact new election rules in almost every state. we are still talking about it. bloomberg has learned credit suisse has sold about $200 billion of stocks tied to the implosion of archegos capital management. last month the firm became the center of one of the biggest margin calls of all time and cost credit suisse and other banks about $10 billion in losses. mcdonald's will require anti-harassment and workplace violence prevention training at all 39,000 locations. it is a move that helps fend off criticism that the chain overlooks workspace abuse. the management training at both company-owned and franchising locations will start next february. 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. i am ritika gupta. this is bloomberg. ♪ >> coin

they will be talking about their cash pile, and also warren buffett perhaps discussing a little bit morebout what he did with airlines. not so great. you were talking about this earlier in the show. i found this interesting because he didn't get it right. he really didn't get it right. jonathan: sometimes you have to turn to the smartest people to ask them the lessons they learned in a downturn, some of these estates they might have made -- the mistakes they might have made. i've said repeatedly that they last 12 months has humbled a lot of people. you've got to maintain that humility because there is so much unknown for the 12 months ahead of us. lisa and i had a nice back and forth in the credit market yesterday on how things were stacked up in credit's favor. default risks through the year ahead. that has been trending nicely lower. we have seen a lot of refinancing in this market. that gets better. upgrading some of these names, there is real upside to upgrade risk in the year ahead, too. what you touched on i think has got to be the most important element. it is valuations and where

warren buffett's berkshire hathaway has sold $1.5 billion in yen-denominated bond to give japanese investors into global companies while getting a bit more yield than is generally on offer in the local market. that is typical for a foreign debt sale, which is generally perceived to be more risky. credits we ceo thomas gottstein has a tough crowd to deal with these days, he's on bankers -- three days -- these days, his own bankers. credit suisse stands to lose as much as $4.7 billion. the head of archegos may be the greatest trader you've never heard of. he's a master $29 billion fortune by betting and stocks, and lost it all. alix: on that point, "bloomberg businessweek" has an amazing article on how to lose $20 billion in two days, probably something none of us ever want to try and do. it is a really in-depth look into the history of hwang and his idiosyncratic nature, like don't curse in the office, yet really under wraps when it comes to social activities, yet he is this huge person on the street with these big trades. guy: absolutely. i do wonder whether you want to compare and contrast,

. >> they're paying 20 times ebitda that's what their bid is and put that in perspective, buffett boughts >> wow. >> so that just gives you a sense of where cn is in terms of the value of their bid. >> oh, geez. >> and one reason, why, buffett's name around, would he ever consider stepping in as well >> he doesn't usually want to compete in those kinds of situations >> carl? >> guys, kind of remind moose he, a re, reminds me, a record g on the transports. s&p trading above the record close but not quite to an all-time high. let's get to rick santelli hey, rick. >> good morning, carl. yes, all eyes continue to focus on what has been a pretty aggressive year for the dow and the s&p, actually all three, indices at various points and the 10-year, 8:30 eastern, something changed and we had a weaker than expected seasonally adjusted preliminary look at march durable goods but do keep in mind that seasonal adjustments, the entire process, is really scratch your head in 2020 and 2021, due to obvious circumstances. so many continue to look at not only seasonally adjusted numbers, but nonseasonall

jane frazier, warren buffett, kenneth frazier of the merck ceo and the former amex ceo are the ones whoof these people to sign on here. unclear where they go from here. it's a powerful statement, but what message do they send to some of these state legislatures? also, jim, they're not singling out any specific law here or state. and we did not hear, not signing on from here, are coke, home depot or delta. they are all based, of course, in georgia, where these voting rights concerns first surfaced. >> have any of them committed to withholding donations to republican candidates who support these laws? >> they are not saying that here, but with one voice, they are trying to point out that it's not good for their business to have america divided about access to the polls. >> rnd stood. >> that's the message they're trying to send here. >> christine romans, thanks. >>> today president biden will announce his plan to withdrawal all u.s. forces from afghanistan by september 11th. ending america's longest war. ahead, the impact that move will have on the safety of that country, terrorism and u.

but those things you talk about, how people like warren buffett made a lot of money back in the day. the same thought process. lenore, appreciate it. thank you very much. >> thank you, charles. charles: speaking of technology. don't look now but it is charging back. after wall street almost unanimously wrote them off just a couple months ago. you know what? it is doing extraordinarily well. i want to get a read where it goes from here, markets group, michelle snyder. michelle, talk about chips. they're in short supply so those stocks are doing well. software names. i saw three separate software names get upgrades. you have the names everyone thinks about, apple, microsoft, they're charging back ahead. what has changed all of sudden? >> before i want to answer that i mentioned last week when i was on we talked about the nasdaq chart and how technical it is. if it cleared 321 we start. 324 we add. we're looking at 340. we're well on the way. i love the when that happens when the charts match up to behave themselves. charles: you called it. >> that we were rotating into four semiconduct

the electricity that's generated must match the consumption exactly the batteries serve as buffett is. and i've got just you can see here that we charge the batteries before yesterday's champions league match to provide a backup power supply after the game we discharge the batteries ran them down to 50 percent capacity right now they're supplying electricity for a dutch grid operators at the time that. mark has spent tries to get the most out of his past trace but he doesn't want to overwork that. software because. we've developed software that compares the age of the battery and the amount of money that it can earn by generating electricity. at syrian con will keep charging and discharging a battery as long as it continues to produce revenue. to get the sim does it but when it can no longer do that we'll replace it was it good for you. that it would have as much to. the batteries of electric cars and the stadium parking lot can also come to be palleted the great. so why those intellect all those pockets you could have 2000 electric cars connected to the system. and they'll not only c

if they have a competitive moat like warren buffett would say, that would be better. >> run over inflations tiny speed bumps not looking back. >> exactly. charles: erin, you have a different take on that? >> when you're looking the inflation it is temporary. it is very much supply chain blockages, demand is outpacing supply. we're trying to get people back to work. we're trying to produce things more. this is expected. and addresses multiple times. when you look at the u.s. population, with an aging, growing, massively growing retirement population percentage, we're expecting like hampering inflation for two decades if not three decades. charles: right. >> i don't see this as a long-term play. i think the commodities play has come well out. if you look at the futures they're already coming downtick larly copper. i have would say the best way to play it, playing for yield. looking for companies that either offer very high dividends or more like financials can use higher yields to take advantage of this. >> question. i'm hearing more and more investors looking for the higher dividend plays.

how it works where on the other hand anti-money laundering rules, know your customer rules, warren buffettway from it, stay away from it, and next thing you know it is the world standard and we have no say in it. that is what worries me most about it. it is coming. it is the libertarian nirvana and will happen with us or without us i think. we better start engaging in this instead of pushing everybody away from it. charles: let me ask you about coinbase. their offering is going to happen real soon. could this stock become something of a proxy with respect to crypto if it does well? would that be sort of a good thing to sort of leverage and get more people involved? >> it is going to be a gateway for people to play this idea that crypto is a real thing. the coinbase listing, it is not an ipo. it will be listed. you can start trading their shares on april 14th, is expected to be a valuation of $100 billion. put that in perspective, the intercontinental exchange which owns the new york city is valued at $64 billion. so the market will say coinbase is 1/3 more valuable than the new york stock

he would be on the same page as you, karen, only because -- because this is also known as a warren buffettor. this is something that one of the greatest investors who has ever lived uses on a regular basis, guy and for that reason i would have thought that you would have said this is bunk >> no, but i think karen -- to karen's point it is outdated as well i happen to think elon musk went to a day of law school because when he tweeted that question, he knew the answer he would get 00% and there is something self-serving about that and it plays to the narrative he's been talking about for a while. i'm with karen on this clearly the market doesn't care. it is out dated. maybe in the global world that all of the points that karen brought up, even given that it is elevated. market doesn't care about these things until it does but it is clear that 1.6, which probably by the way is probably closer to 1.8 depending on the numbers you use, it is a bit of a red herring and it is something that the market looks completely past for at least the last six to eight months. >> well our next guest said a m