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it was a beautiful liechtenstein, $24 million it, was an incredible work.es it say about the economy? i'm not saying the american economy, we had a japanese buyer for the top one, which has more money, which countries? >> truth is, liz, it is everywhere around the world. if you look at world billionaire, you thought i only want allocate my 5% of my net worth to buy it, there are 58 people that could afford to buy it. there are 320 using the measure in the united states. liz: these are the job creators. ken griffin, the chicago hedge fund manager bought a daconning for million dollars. had guy creates jobs. how you do you see it play out when art buyers are calling in. >> world is full of entrepreneurs creating immense amount of wealth and enormous amounts of jobs and incredibly amount of capital built up. that is why you see philanthropy and art growing. pictures are not expensive, in relation to the wealth created, they are less expensive. liz: donald trump has yet to pass tax reform and a budget, yet psychologically you seem to be a lift, do you feel that

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down hard on all that stuff where you shift some patent that was invented here, send it over to liechtensteins. it's gaming the system. but assuming you actually have made the money abroad, and the taxes abroad are low, i don't see -- impose a big tax on them when they bring it back. >> charlie, you would be a pretty strict dictator if you were running things, wouldn't you? >> he certainly is a berkshire. >> i don't like -- fraud runs rampant. it just feeds on itself like cancer. so you've got to constantly bliss it. and a lot of people just won't do the work. it's a huge mistake. because you're ruining your country, as everybody gets sucked into the fraud and they do it because everybody else has been doing it. so i'm a great believer in coming down hard on that stuff. way harder than the government does and other people do. >> kind of like singapore? >> yes. well, i'm a big admirer of singapore, you're right about that. >> caning. >> well, he's also in charge of public relations at berkshire. >> bill, just in terms of -- >> caning actually leaves a scar. it's quite serious. >> i never notic