talk about fighting words, berkshire hathaway charlie monger called activist investing, quote, not good for america. is he right? are they quick buck artists or investor advocates looking to improve the company's overall long term? we'll debate that. cheryl: join the conversation, are activist investors good or bad for shareholders? tweet us @fbnatb. the answers coming up. ♪ [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. before those little pieces would get in between my dentures and my gum and it was uncomfortable. [ male announcer ] just a few dabs is clinically proven to seal out more food particles. [ corrine ] super poligrip is part of my life now. cheryl: big banks taking a hit following jpmorgan's warning about second quarter trading revenue. let's head back to nicole petallides on floor of the new york stock

for liz's exclusive sit-down with warren buffett, bill gates and charlie monger. i will be there. will be rivetting. i hope you join all of us. >>> it is kind of an american dream even hollywood couldn't make up. a bombshell report on one of baseball's biggest stars is forcing mlb to finally face the music and to a different kind of american dream, one of the cheese variety, sandwiches falling from the sky and how you can get your hand on them. i can not wait. "piles of money" coming right up latte or au lait? cozy or cool? "meow" or "woof"? exactly the way you want it ... until boom, it's bedtime! your mattress is a battleground of thwarted desire. enter the all-new sleep number classic series. designed to let couples sleep together in individualized comfort. starting at just $699.99 for a queen mattress. he's the softy. his sleep number setting is 35. you're the rock, at 60. and snoring? sleep number's even got an adjustment for that. find your sleep number setting only at a sleep number store. know better sleep with sleep number. >> economic data sending mixed messages to inves

we heard charlie monger and warren buffett criticize activist investment, and that is a problem hedge funds face. so many are forced to give investors quarterly and monthly and even daily liquidity. if you offer investors back kind of liquidity and make long-term investment the same time, they do not lineup. as was said earlier, they will not justify getting the egregious fees because they will not perform that well. >> you mentioned buffett among your criticism this weekend. >>t was the reaction? definitely resonated. tons of people are talking about it because what is activism? download is here and not speaking. he has been all over the news this morning. .0's have now extended harry wilson, those are the other people he propose. the talk of activist investors coming to shake things up, dan now has a seat on the board. bill ackerman, who i will speak with later, he is criticized for being an activist. you look at his holdings, they are very long. some of these last him five or six years. there is much criticism around short-term investment. you have to be in it for the long term to

charlie monger, his vice-chair, and berkshire director and founder of microsoft, bill gates #askliz.ons and i might can them of these three what we call the richest minds. see you from omaha. >> had the jacket on. david: jobs report tomorrow you don't want to miss it. "the willis report" is next. gerri: hello, everybody i'm gerri willis. right now on "the willis report.," watch out tv viewers. two more big media companies may try to become one. we'll find out if this is good or bad for you. >>> also, a big change at the top of ford. >> mark, you're going to be great. so pleased that you get this opportunity to lead this fantastic company. gerri: what's next for ford and its customers? how to land a job right after graduation. we have the perfect tips. we're watching out for on "the willis report". there are already big changes coming to how you watch tv. we talked about them here. now there could be even

eastern time, has a live, one-hour interview with warren buffett, and, of course, his vice chair, charlie mongerg with bill gates. #askliz. we might ask your question. molly, back to you in new york. >> liz, thank you so much. looks like a great time. in the center of the business world. thank you very much. >> she's having a good time. i'll be watching, by the way, to see that interview with warren buffett. i've got a question, how do we get it? >>> coming up, a mixed economic bag, unemployment rates are dropping. but the economy is barely growing, so are we heading in the right direction? [ female announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physica

the first hours that the market open fox business has warren buffett live with his vice-chair charlie mongeris directors. of course the microsoft founder bill gates. all together live. it is a tradition fox business started. all the copycatters tried to do it the same but it is very special here. it is monday at 9:30. david, over to you. david: liz, don't you have to pay like $600,000 per question if you want to, for those auctions to ask warren a question? we're giving people offer to do it for free, right? liz: right, absolutely. you don't have to pay anything. come to ask liz, hashtag. david: thank you very much, liz, appreciate it. president obama and german chancellor merkel showing united front at the moment on ukraine promisings tougher sanctions if the crisis increases. what will they talk about after this union? we're also at the white house. would wouldn't you want to know if your luggage made it on the same plight youd did? there is new technology that will help you do that on any airline. we kid you not. details coming up. ♪ humans. even when we cross our "ts" and dot our "i's",