that was rick summer of morningstar. he says while twitter's user growth is on the rise, the pace of the growth is cause for concern. a mysterious microsoft event is scheduled for later this month. the company sent out "save the dates" for a media event on may 20th. its expected the company has been working on a smaller version of its surface tablet to rival apple's ipad mini. recently, microsoft revealed sales of the surface are up but higher production costs are resulting in losses. walmart is number one as retailer and now its on its way to number one as an e-tailer. for the first time in a decade-- walmart's web sales grew faster than online retail giant amazon. according to the wall street journal. walmarts world wide sales rose 30% while amazon's growth registered 20%. amazon still beats walmart though in online sales of electronics. in today's cover story, who wins when the climate warms? the national climate assessment report is out. and its findings may boost business that's built on addressing climate change. t

gregg warren is the berkshire analyst for morningstar. and you were on the panel asking questions to buffett and munger. 20-thousand people in the qwest center and there you are on stage at the center of it all. a thrill - or a panic moment? >>you would almost think it's a moment of panic. you're getting set up 15-0 minutes before they start the whole thing off. oddly enough, i just sort of phased out the fact that there were 20 thousand people sitting there in front of me and really focused in on the questions. i think it helps too because warren and charlie are right off there to the side of you. you've got the laptop in front of you and you're reading the questions directly off of it. so you're really focused in on what you're doing. you're also paying attention to how they are answering questions. you're looking for potential feedback loops, potential follow up questions that you can ask. so after a while, the crowd just sort of phases out. >>you only hear them probably in those lighter moments and there's humor in the air. >>you know

morningstar economics correspondent children enjoyed the not so this means no hope of tax cuts than shown in the next purchase but doesn't seem like the imf are suggesting tucked inside me there saying stick to two billion adjustment is needed it's necessary to lock in gains being made and to set up the economy for further growth in the future is saying things are growing and things are going pretty well here but no time for striking facts as far as the concert also where are you going to or how we'll pay for the tax cuts either duty to make deeper spending cuts which nobody is in favor of local or you will want to get more revenue believed to be much much more than they were expecting them to cut the six or four times today. i wasn't doing well on those about to begin. when will it be possible the psyche a tsunami of cash coming in to have to call for seminary in st so it's difficult to see at this stage appears to me how they could possibly afford to pay for tax cuts. ok children and took it. foreign students have been affected up to the english language school they've been attending in

at the asset fund by the morningstar. convenient stores.h about convenient stores right now. >> it's in some ways not a new industry, but a new industry in terms of public companies there have been a lot of spinoffs over the last year or two. and new industry to look at and investment. liz: kosher farms we will know, but this was formerly sara lee. >> our investment strategy, private market value with a catalyst. what is a business worth play potential acquirer, is there some event that can serve the value. when event can be a spinoff, in this case spinning off a coffee business acquired and now it is hillshire brands. they made jimmy dean sausage. ballpark franks. focus on innovation. liz: this is another one, murphy usa, they have had a very positive article about them, very bullish. >> this strategy is they put gas stations and convenience stores outside of walmart. 1200 stores, they own 90% of the real estate and they will really grow with supercenters the next couple of years. liz: you're looking at the tried-and-true business point. >

george is co-manager of the morningstar five-star rated vilery balanced fund and lee partridge is chief investment officer at salient partners. george, i'm going to start with you. the gdp data was somewhat disturbing, but is that still a weather overhang, that we're still seeing the effects of, or is it something else? >> i think a lot of people focus on short-term data way too much. in our world, we're bottom-up stock pickers. we like stocks that will do well in any sort of economic environment. in our case, there's several stocks we think are undervalued and should be bought by all investors if they have the patience. that comes with investing in stocks. >> yes, it does. quickly the names you like. >> sure. sanchez energy. they've had a good run already. they made a huge acquisition in texas recently in eagleford shale. we think that's going to double their production, double the size of the company. they're much more efficient operators than who they bought it from, shell. they can operate more efficiently. and they're escalating costs can be contained. >> all right. let me go to yo