charlie monger, 1-of-a-kind, yesterday gone.u know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. this is your season to smile -- to raise a toast and gather together, to wrap up the fun and round up the gang. to help get you ready, your aspen dental team is celebrating 25 years of affordable care with an epic anniversary savings event. right now, new patients without insurance get a free full exam and x-rays. plus, everyone can get 20% off their treatment plan. but hurry, because while the season won't last, the memories you make together will. aspen dental. book today. kevin, where are you?! kevin?!?!?.... hey, what's going on? i'm right here! chase freedom unlimited. how do you cashback? chase. make more of what's yours. i'm andrea, and this is why i switched to shopify. it gave me so much peace of mind. if we make a change, my site's not going to go down.

charlie monger.er ego to warren buffett sadly has died aged 99. that's next. this is bloomberg. ♪ introducing the limited edition disney collection from blendjet. nine exciting designs your whole family will adore blendjet 2 is portable, which means you can blend up nutritious smoothies, protein shakes, or frozen treats, just about anywhere! recharge quickly via usb-c. it even cleans itself. order yours now from blendjet.com and bring a little disney into your life. lizzy: welcome back to bloomberg daybreak: europe. sad news broke overnight. berkshire hathaway announced the death of charlie monger. he was 99 years old. warren buffett honored his right-hand man saying his inspiration, wisdom and participation help shape berkshire hathaway. here's a look back on his life and legacy. >> charles monger served as sidekick to warren buffett for almost six years as they transform berkshire hathaway from a failing textile maker into an empire. a lawyer by training, he help them craft of philosophy and invest

charles: like charlie monger. >> to your point this exactly feels it.t week or so feel like they want to take it there but there is self-pleasure and resistance. i use opportunities to see where the market is going. take new money to put in names that are underperforming with great prospects. charles: you say it is okay with new money to -- you. >> can be patient with it. getting 4 1/2% with money market fund. you're not getting nothing. charles: i get the question will be what is the trick forget us out? how do we break out through 4600. we talk a lot about inflation number. a year ago this is 3 1/2%. year-over-year 2 1/2%. two months ago, 2.4%. i mean this inflation thing seems to be so close to what the fed wants but the market still seems hesitant? >> because i'm not so sure that we're, last mile is always the most difficult, right? getting down to 2% is the most difficult. charles: right, right. >> what i think will happen especially if they keep forcing issue if the fed cuts, if they cut that is actually stimulative. i think it has the ability to

, charlie monger would say you wand to pay a premium. >> sarat, you looked out the side of your eye. >> not affirmative i agree. affirmative very different styles and strategies. >> i respect what joe is doing. he has a momentum strategy. >> there's a but coming, though. >> no! those are very good companies n. that space those are the ones you want to own and up play the momentum. joe will tell you when he's wrong, unlike somebody else we know. >> we have one other earnings mover to talk about. intuit right now, those shares up about 3% earlier. now about 3.5% on strong earnings. guidance was above estimates. obviously a very broad portfolio. a lot of consumer exposure. joe, what did you make of this quarter? >> the company was not as confident as i expected them to be. i will not speak as glowingly about intuit as i am about crowdstrike because cyber security is obviously something i believe over the long term. kari, you can make the argument intuit is richly valued. in fact, it's a great looking chart. and that's probably one of the reasons why we own this in the strategy is b

tom: i think that charlie monger was right on ai.heir world clearly be some winners but can you imagine the number of losers who go into the concept of ai without the intellectual authority that we are seeing out of microsoft? what we can establish is a trend for next year that if you have five bears at wells fargo we know where the sixth is. there is no question. bramo is the sixth bear. lisa: show up at the holiday parties? i will tell you my scenario. jonathan:jonathan: they are thinking that they will have nice drinks, some canapes for the holidays, talk about christmas, and bramo shows up. let me tell you about your call for next year. t.k., you mentioned charlie monger. the late great investor partner to warren buffett. we will spend time in tribute to the man himself. tom: i am honored. jonathan: a big conversation on bloomberg surveillance. ♪ you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe

. >>> warren buffett's long time investing partner charlie monger has died. 99-year-old billionaire was buffet's right-hand man at berkshire hathaway. buffet famously ran they had not had a fight in 60 years. in his last interview with becky quick from cnbc just a couple weeks ago monger said he never believed when he and buffet started out with a, quote, piddly amount of money, they'd ever get to $100 never mind hundreds of billions. warren buffett has lost his confidant and close partner. he said berkshire hathaway would not be what it is without monger's inspiration and wisdom. thanks for joining us. "ac 360" starts now. >>> tonight on 360 more hostages come out of gaza with another group expected tomorrow and talks under way to extend the truce and the flow of captives for as long as possible. >>> also tonight liz chapy's new book, the elevations in it about the former president which she calls his republican enablers and collaborators and how she says they just could not quit him. >>> and later why republican hopeful nikki haley is more hopeful tonight.

. >>> warren buffett's long time investing partner charlie monger has died. 99-year-old billionaire was buffet's right-hand man at berkshire hathaway. buffet famously ran they had not had a fight in 60 years. in his last interview with becky quick from cnbc just a couple weeks ago monger said he never believed when he and buffet started out with a, quote, piddly amount of money, they'd ever get to $100 never mind hundreds of billions. warren buffett has lost his confidant and close

and one last thing, the acquired podcast they had charlie monger on for an hour. again, he's turning 100 years old, i think, next month. if you have an hour this weekend, listen to the podcast and charlie talk about the japanese investment they made and a lot of the more recent stuff berkshire has done. >> good chart. >> the stock is down 7.5% since the all-time high on september 19th. i'm sorry? >> it's a good place for the stock to be. >> by the way, $150 billion in cash, earning morme money on tht cash than in 15 years, also worth pointing out. >>> let's get the headlines with silvana henao. >>> scott, good afternoon. a new round of sweeping sanctions today targeting russia. the sanctions apply to 130 companies and people from turkey, the uae and china in an attempt to cut russia off from supplies that support its war effort in ukraine. the state department also issued diplomatic sanctions on russia that target energy production and the mining sector. >>> crews are searching through rubble and debris for a missing worker after a coal mine preparation plant colla

plus tributes from the man who helped warren buffett build berkshire hathaway, charlie monger is dead at the age of 99. the focus is on the rbnz, there expectations central bank will have to push back pretty strongly against these evermore aggressive expectations by the market that interest rate cuts are coming and i've always said they wanted to remain data-dependent and their are mixed messages coming from the tailwinds and headwinds in that economy. we are watching for that, expectations are for that rate to remain unchanged, but it's all down to that rest conference. a staggered open here in sydney, we will check back in a little bit as we get trading properly underway but we are really watching the continuation of the treasuries rally on that continued fed pivot and we saw brent crude rally, snapping four sessions of losses so expect to see gains when it comes to australia and asian energy names as well. we did see the dollar continuing to weaken, on track for the worst month in a year. that was an across-the-board week and we see that benefiting the likes of the aussie dollar is

he's one of the maga rights favorite hate mongers, charlie kirk. >> it is true that some of the largestcauses have been jewish americans. they went all in on work. and it wasn't just a deal. it was some of the top jewish organizations in the country that have done that. >> wow. in the last few weeks, you've understandably played a great deal of attention to some of the offensive, and, yes antisemitic things being said and done by a handful of far-left winners at a handful of american universities. but while we've been passing placards for antisemitism and arguing over four palestinian slogans, a gallery of some of the most powerful and influential right-wing voices in america have been working to resurrect the kind of old-school brazen anti jewish rhetoric that would've been out of place in 1930s germany. so look. antisemitism is evil and an inexcusable. period. no one gets past for spreading it, whether on the left or the right. and when super powerful people on the right, the mosques and carlson's of this world, start saying the kind of stuff that -- neo-nazis, we should all be paying