he is to be missed but warren buffett shows will not expect it highlights the mortality buffett is 93t of investing wisdom, let's try to find some big pics, what you have. >> in looking at newmont mining, gold hit an all-time high, mining stocks have been terrible and newmont has been worse than most. the thing you should have some catch up, the stocking 9% this because gold went on a run but it's still down 12% in 2023. i think as gold continues to make his way higher, you will see newmont close a lot of the gap. >> i'm taking a lot and just look at rpm international. it's one of the companies that you probably never heard of but you're probably in contact every day to make paint coding sealants and is also a dividend player are they successfully dividend for 50 years in a row if you invested a thousand dollars 50 years ago one point to million dollars today compared to the same thousand dollars getting to 178,000 and the s&p 500, solid dividend play in a name you might not be familiar with. >> i know they make rest oleum. if you have rest you can just pray that on, i'm not a chemist

in fact his friend warren buffett was asked about the same thing because warren buffett's company, berkshire hathaway, one of the companies they invested, was a petro company that was connected to this arms and going on in sudan and basically buffett's answer to all the shareholders, yeah, we're not going change what we do. so unfortunate what's going on over there, but doesn't really affect us. and that's it. but lebron not to sign the letter he was and he and one other player on the team were the only two that didn't. and as soon as he that the new york times covered it and every other newspaper in media outlet in the united states and became a problem for him because he was ripping to lee questioned about why he didn't sign it mind you this is going on in the middle of the nba playoffs that he's getting hit with this and then he has what some people would say is the greatest game. his career in the middle. all this against the detroit pistons. lebron has the game his life where he literally is. it's like one of the few times where one man beats five. and it is a stunning performance that

warren buffett is a totally different thing. i mean, warren buffett isn't someone that lebron idolized as a teenager. but within a very short time after signing a $90 million contract with nike when he was 18 years old. and a massive contract with the cleveland cavaliers, and other endorsement deals, lebron was a lot smarter than most entertainers, never mind athletes, all entertainers, in trying to surround himself with advisors who are experts in things like how to invest your money, how to protect your money, how to do things other than just do endorsement deals, which athletes do, but how do you actually do something besides that, like maybe own a piece of the company and one of the people who was advising him very early, who had a great relationship with buffet, lebron wanted to meet him and his advisor brokered that meeting and he flew to omaha to spend a day with him and started what grew into a legitimate friendship and lebron did all that when he was like 20 years old. and so, if you think, i mean, those of us in the ro

buffett is now giving more than that. about 99% but the call to billionaires was to do half.. he's giving back the majority of his billions. giving it back. so we just went to florida to ask him about that and more and here, he briefly explains the plan in a nutshell. >> i basically took the gates buffett giving pledge and took a jewish giving pledge with michael evan, give 50% to each. >> when you look at the donations you are making, buffett said half. you said you're doing more than half. >> we give to healthcare a lot. evening up the odds for the kids in the cities. >> the project means he puts his money where his mouth is on this. there are major donations to hospitals like the st. barnabas medical center. he said he made his money by investing and betting on himself. not just doing the other wall street thing of taking fees or bonuses regardless of how you perform. >> warren buffett is famous for saying he eats his own cooking. i eat my own cooking. i started omega and took all the the money i could out of goldman. put $35 million into omega. here's a kid from the south

. >>> later on, warren buffett's berkshire halves its stake in a hardware giant. it is tuesday, december 12th, 2023. you are watching "worldwide exchange" here on cnbc. >>> good morning. welcome to "worldwide exchange." i'm dominic chu in for frank holland. let's check off with the three-day winning streak and the dow trading at the highest level since january of 2022. futures are indicated higher. dow by 100 points. s&p higher by 7 points and nasdaq implied higher by 41. this as the federal reserve kicks off the final policy meeting of the year with interest rate traders widely expecting no change at all in rate policy until at least march of next year. we will get the latest read on consumer prices with the november cpi report due at 8:30 a.m. the economists are looking for prices to dip slightly from a year ago. if you strip out the effects mof food and energy, we expect no change at the year over year rate of roughly 4%. that's the estimate. . >>> if you check on the bond market, we were talking about 4.27%. the ten-year treasury note below 4.2%. the two-year

buffett is doing more than that.perman is giving back the majority of his billions, giving it back so we went to florida to ask him about that and more and here he briefly explains the plan in a nutshell. >> i basically took the gates/buffett giving pledge and took a jewish giving pledge with michael levin and give 50% to each. >> when you look at the donations you are making, buffett said half. you are said you are a doing more than half. >> we give to health care a lot, and getting up the odds for the kids in inner cities? as a member of florida's financial elite cooperman was recruited in a way by trump. they spoke at the white house, but as i showed you before, here is the full context of what he told us about trump belonging in jail and his current advice of what trump should do. >> i'm not going to vote for trump. trump is a disgusting human being and belongs in jail. now that i'm not affiliated with any organization i can speak my mind. the private sector, do the country a big favor, you're too damned divisive

never bet against buffett.ble investor," i have an entire chapter on warren buffett, the og. original diamond hands. sitting on $168 billion. hope you have a great christmas and see you soon. >> thank you, charles. charles: time for "money mail." i love your show because you actually talk about making money for the hour. record it every day to insure i see it if i miss it live. jay, thank you, so, so much that was so thoughtful. coming up advocates of electric vehicles are throwing in the towel. what comes next? will the government force us to do this? some governments are. will the u.s. go that far? lauren fix will do that. by the way what is a mandatory kill switch? sounds scary, we'll be right back. ♪. dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones (baby cooing) - [joe] sacrifice. surrendering your desires for the sake of someone else. sometimes sacrifice is tedious. sometimes it's

. >>> later in the show, warren buffett showing more love for one oil driller. it's thursday, december 14th, 2 2023. you are watching "worldwide exchange" here on cnbc. >>> good morning. welcome to "worldwide exchange." i'm frank holland. we kickoff with the check of the u.s. stock futures. the s&p is up .25%. the nasdaq is up .25%. the dow is the big story. it is up 62 points in the pre-market following a fresh record high for the close yesterday. this rally in the pre-market follows, of course, the broad-based rally yesterday with all of the major averages jumping more than 1%. 37,000 is where the dow closed y yesterday. >>> the fed set to an dsignal i could ease policy next year. >> we add the word any as an acknowledgment that we are likely at or near the peek rate for this cycle. >> we are aware of the risk that we would hang on too long. we know that is a risk and we're very focused on not making that mistake. >> on that decision and that tone, we're seeing a drop in treasury yields with the t two-year note coming off the drop since the svb in march. the t

>> you you also like brookshire hathaway they have a good sleeping night stock, obviously warren buffetting for almost 60 years, $150 billion worth of cash and a huge equity portfolio of $350 billion in his good earnings trading 20 times forward earnings and earnings are growing nicely. >> here's the thing buffett is 93 years old you've known him and spoken him over the years isn't that an issue. >> it's definitely an issue charlie munger died in 99. he is a great until shape and he wants to run the company for three or four more years what happens after him is definitely a question some people were concerned about that and good reason he thinks the stock might go up after his death in the breakup of the company but i think it could drop but it seems pretty capable. >> you have some under the radar picks and get a call them under the hood picks the first one is hertz. you been looking at this for a while and i'm curious to hear what your take is on it now. >> i actually voted and favorably at 18 and now it's at ten is not a good call were doubling down it's one of the leading rental car

a lot ofeople own this because of buffett, and why not own the s&p. well, the comeback could be maybe they divest, maybe they ipo it, and that would be taxable gains. maybe you just want to own the s&p. >> since we mentioned alphabet on this list, tony raised the question for 2024, hsaid investors tilt the bar bell to smaller mid tap and value oriented names for some of the winners. >> well, that's a big weight, first of all steve still has a big slug in tech if that's the case. i think that's probably okay one of the things about the barron's list, there are no financia or banks on it, and maybe that's for the new investors, and jusbecause the asset ass has not done well for a long time, it still has to make sense fundamentally, so don't fall for the idea because value has been out of favor and it has to be back in favor becae it has been sometime >> well said >> small caps are an okay plac to be in 2024, but keep in mind they have had a huge run in the last mon or so you never want to chasit right at the top i think there'something about something t

the name of howard buffett appeared on the avenue of courage in kyiv. american entrepreneur and philanthropist, who is among the leaders who support ukraine from the first days of the full-scale invasion of russia. the head of state volodymyr zelenskyy emphasized that he met with buffett in kyiv. the philanthropist came to our country several times, he supports the demining process of our territory, sent modern dna laboratories to ukrainian law enforcement officers and helped start a train for preparing food in the frontline areas. great britain will help ukraine to strengthen the military fleet and control in the black sea. this provides for a ten-year security pact, which will be signed in the coming weeks, - reports guardian. the memorandum also includes post-war security guarantees for kyiv, including the supply of weapons that will allow the armed forces to work together with nato troops. the royal navy is already training ukrainian specialists to clear submarine mines. boats this training will help ukraine restore its sea lanes and prepare for nav

you know, buffett comes into play a little bit because buffett, i think, always kind of looked at what was going on. that earl, he kind of wanted to be part of that scene. you never could quite you know, like crack. he was a quiet, nice guy. that was the first place to play in chicago. but but, you know, goodman always held court at the earl on them on new year's eve. i'm on you're bette midler came down and sang with him. so it was it was a really supportive and tight community. i think about that coming down here it doesn't really exist anymore. you know, there's not really a strong i mean, there's a alt country scene like places, like the hideout and things like that. but the singer songwriter thing was really tight. there were people who came to chicago because of prime goodman. and that scene. did you know michael mcdermott grew up in the suburbs, but he was part of it. mike jordan, who passed away but played brian's backup bands. he played guy. yeah, yeah. he came up. so it was a it was a really strong scene. you know, i think john might have been one of the first ones to come do

you know, buffett comes into play a little bit because buffett, i think, always kind of looked at what was going on. that earl, he kind of wanted to be part of that scene. you never could quite you know, like crack. he was a quiet, nice guy. that was the first place to play in chicago. but but, you know, goodman always held court at the earl on them on new year's eve. i'm on you're bette midler came down and sang with him. so it was it was a really supportive and tight community. i think about that coming down here it doesn't really exist anymore. you know, there's not really a strong i mean, there's a alt country scene like places, like the hideout and things like that. but the singer songwriter thing was really tight. there were people who came to chicago because of prime goodman. and that scene. did you know michael mcdermott grew up in the suburbs, but he was part of it. mike jordan, who passed away but played brian's backup bands. he played guy. yeah, yeah. he came up. so it was a it was a really strong scene. you know, i think john might have been one of the first ones to come do

the event ended with a tribute to the late great jimmy buffett. working today, i know for a fact you'd be down. >> i love that story when you'r arm and a cover for them by the way it would be hard to serve i a santa suit and it this year o a ring jimmy buffett who was a very avid surfer. served at multiple times. he's a great start. even more special in the serpen committed eight they do a paddl out where they all gather in a circle as well as a serving santa and this year in cocoa beach. hats off to you guys and leave waits for me. we asked earlier in the show about your christmas gift opening tradition do all of you family members open all the gifts at once or do you have to take this? some of you responded and we have those of your e-mails to share. you would kick us off. >> how about this from debbie. the youngest opens first and that then each person follows along according to agent what you think of that? >> i like that. it's organized and everyone get a turn they get to all all over the guests gaps. >> we take turns opening gifts cleaning u

the united nations has repeatedly warren buffett increasing the dire humanitarian situation in the war to and cause a strip. now the un as appointed or to monitor and coordinate to to boost is the data to the following. the security council resolution. the good cause of pharma, dutch deputy premier, and mid east export will begin whole a senior, who, monitoring and reconstruction coordinator for garza in general to her task, would be to coordinate, monitor and verify who monitored and released deliveries. now, since it's the beginning it's siege of casa, it's over 2000000 residents, the 5th of your offices, of water, of food, fuel, and medicine. i know a serious and b as the country direct us to surface sojourn in the occupied palace to an entire street. he just withdrawn from 3 weeks in casa, and told us more about what he saw. the issue is deteriorating situation, disability, as best as the children went out. they, i so the massive movement possibility and that had been told to sleep once again to the south casa. yeah, there is no way in raw that can accommodate them. is the infrastr

>> first, i'm no warren buffett. i'm a tv guy that tries to do his best, but i thank you for that.e to say. i think it depends on your ime and predilection. put your first 10,000 and and index fund. if you like picking stocks join the cnbc investing club. if you don't let somebody else do it for you. if you want to be involved i will help teach you. i have done it for a very long time and i have been very successful. let's go to and in indiana. >> thank you for taking my call. >> you are quite welcome. what's up? >> i have been thinking about this lately and i wondered if you could talk more about suspending our judgment and letting the market take us back up even when a ceo does something they said they were not going to do our company makes a bunch of mistake but they have very little competition or the ceo takes big mistakes that seem to take a long time to fix. >> this is a tough one because i have made this mistake. i have stuck with people for too long. i keep thinking i will give them another try. in almost every case it has not been working. >>> whether you are amateur or p

buffett, we should mention, is now giving more than that, about 99%.ws was to do hacooperso, we just wenth and they spoke at the white house. but as i showed you before, here is the full context of what he told us about trump belonging in jail, and his current advice of what trump should do. >> not going to vote for trump. trump is a disgusting human being, he belongs in jail, in my opinion. and now that i'm not affiliated with any organization i can speak my mind. thinking the -- a big favor and to dammed damned divisive -- he's just a bad human being, in his personal life he's been a menace. and i would never vote for him under any circumstances. >> jail. disgusting. never vote for him in any circumstances. those are all quotes. it sounds pretty final, until we asked cooperman about the likely alternative, the democrat slated to run next year, president biden. >> biden was a decent guy. it turns out he was in the pocket of progressives, which i have a very negative view of. i don't think i would vote for biden again. >> you are saying that you did vo

buffett, we should mention, is now giving more than that, about 99%. but the cult ability news was to do half. cooperman has said half is not enough. he's giving -- majority of his billions, giving her back. so, we just went to florida to ask him about that and more. here he briefly explains the plan -- >> basically took the gates buffet giving pledge, to -- so, i'm going to give 50% each. >> when you look at the donations you are making, buffets at half, you are more than half. >> so, we give to health care a lot. it's -- kids in the inner cities. >> as a member of florida's financial elite, cooperman was recruited in a way by trump, and they spoke at the white house. but as i showed you before, here is the full context of what he told us about trump belonging in jail, and his current advice of what trump should do. >> not going to vote for trump. trump is a disgusting human being, he belongs in jail, in my opinion. and now that i'm not affiliated with any organization i can speak my mind. thinking the -- a big favor and to dammed damned divisive -- h

there is a warren buffett battle to the case.imes after this break. >> announcer: currency check is sponsored by interactive brokers. the best informed investors choose interactive brokers. meet gold bond daily healing. a powerhouse lotion that moisturizes, heals, and smooths dry skin. with 7 moisturizers & 3 vitamins. and... new gold bond healing sensitive. clinically shown to heal & moisturize dry, sensitive skin. gold bond. there's challenges, and i love overcoming challenges. ♪ when better money habits® content first started coming out, it expanded what i could do for special olympics athletes with developmental needs. thousands of bank of america employees like scott spend countless hours volunteering to teach people how to reach their financial goals. it felt good. it felt like i could take on the whole world. a force to be reckon with. no, not you saquon. hm? you! your business bank account with quickbooks money, now earns 5% apy. 5% apy? that's new! yup, that's how you business differently. >>> welcome back. 6:42 on a thu

warren buffett called up and said bill, i want you to sign the giving pledge. it is -- i've learned a lot about philanthropy. i started the pershing square foundation 17 years ago. personal business plan was to be super successful and then take the resources i do not need and we deploy them in the way that i thought was best for society. i do think that capitalism and for-profit business models are generally the best way to solve problems, but there are still societal problems that cannot be solved in the traditional capital market. david: recently, you have been very public about your criticism of the way harvard handled the events of october 7, and their aftermath. bill: the first reaction of a group of 34 harvard club on the morning after october 7 was to put out a statement saying that israel was 100% responsible for the acts of hamas. my view on that was that it was ridiculous and more than kilis. -- more than ridiculous. students need to have more judgment and respect. you can come out and say come on unhappy about israel's treatment of the palestinians o

one day, warren buffett calls up and says, i want you to sign the giving pledge.ave learned a lot about philanthropy. i started pershing square foundation i think 17 years ago. my personal business plan was always to be super successful and take the resources i don't need and redeploy them in a way that i thought was best for society. i do think that philanthropy is often not the best way to solve problems. i do think capitalism and for-profit business models are generally the best way to solve problems, but there are still problems, societal ones, that cannot be solved in traditional capital markets, so that gap is the areas we focus on. david: what are the areas you have been focused on is your alma mater, harvard. recently, you have been public about your criticism, the way harvard handled the events of october 7 and their aftermath. bill: the first reaction of a group of 34 hardened -- 34 harvard student clubs on the morning after october 7 was to put out a statement saying that israel was 100% responsible for the acts of hamas. my view on that was, you know,

. >> reporter: this is not warren buffett giving away free bit time. >> i don't have much time left tohat's why i decided to organize a giveaway. >> reporter: and that definitely not elon musk giving people an opportunity to get rich quick. >> absolutely. everything is very simple. >> reporter: welcome to the misleading future, where celebrity product pitches you see online -- >> watching this video, you're one of the 10,000 lucky people who will get an iphone 15 pro. >> may be scams. stars like tom hanks and gayle king warning their followers about fake versions of themselves, also known as deepfakes. >> more tools are coming out that make it easier and easier. >> reporter: it's so easy, the team at slack shack films did it to me. >> what is secret to weight loss? >> i've honestly been a bit hesitant to share this with you. i think now it's time. the secret is chocolate cake. >> whoa. >> copious amounts of chocolate cake. breakfast, lunch, dinner. brunch, afternoon snack. chocolate cake. >> man. >> there it is. >> wow. >> reporter: here's how they did it. they had an actor play the pa

this is not warren buffett give away free bitcoin.ime left to live, that's why i decided to organize a giveaway. >> and that is definitely not elon musk giving people an opportunity to get rich quick. >> absolutely everyone can earn everything. it's very simple. >> welcome to the misleading future where celebrity products you see pitch online. >> you're one of the 10,000 lucky people who will get an iphone pro. >> tom hanks and gayle king warning their followers of fake versions of themselves also known as deep fakes. >> more tools have been coming out that make it easier and easier for anybody to do deep fakeses. >> it is so easy, the team did it to me. >> what is the secret to weight loss? >> i've been hesitant to share this with you, but i think now it's time. the secret is chocolate cake. >> whoa. >> copious amounts of chocolate cake. breakfast, lunch, dinner. afternoon snack. chocolate cake. >> man. there it is. >> wow. >> here's how they did it. they had an actor play a part of me and using ai digitally used his voice and doctor

something extra, or is there actually any request now, well, thanks to our benefactors, such as the buffett foundation, literally two sundays ago , humanitarian aid for medical purposes came... in three handicaps, i also participated in the organization of the distribution of this humanitarian aid to to the hospitals of the sumy district, also the day before , the eighth rubber convoy with a partner from germany passed, from the city, sorry, memorable, so there are also diapers, medical food, goodies for our children, so... humanitarian aid is also coming distributed according to those needs, according to those communities that are bombarded as much as possible and, in general, distributed proportionally to where there is a need. but what about after they finally started talking openly about the construction of a defense system and engineering facilities, i understand that the border is half a thousand kilometers long, but is there any kind of fortification or mining going on now? engineering structures, or is it possible , as they say, to dig out and fence off from these cockroaches? no, i

today in kyiv, on the alley of courage, we opened a plaque with the name of howard buffett, an entrepreneurropist who sincerely helps our people. since the spring of the 22nd year, in fact, since the beginning of the full-scale invasion, one person has been helping our country with hundreds of millions of dollars, and this support for demining and aid... in the treatment and rehabilitation of soldiers and the project for the construction of kitchen factories in buch and lozova, they are calculated more than 10,000 portions each and will provide food, in particular schools and kindergartens in kyiv and kharkiv oblasts, this is a very strong support for the initiative of the first leda regarding school meals, and today, together with elena, howard just visited the newly built kitchen factory in bucha. i thank you for this. a personal example of how much one person can do for others. ukraine will always remember and will always be grateful to everyone who helps us, who supports our people. glory to all whose strength becomes the strength of ukraine. glory to all who fight and work for our inde