mr. buffett advises an organization aimed at helping government in africa provide better services, includingccess to food. >> as these countries develop, then they have got huge opportunities to develop if they are given the right help inform the right partnerships to develop in a more sustainable way, including in the spectrum of agriculture. and the population of the world -- the population of africa itself will grow and honestly, but also as countries develop, all the evidence is that than the population comes under greater control through people. particularly girls' education. and my feeling is that this is a problem we can solve, provided you do have the quality of governance that is both making sure the economy of the country grows in a way that is sustainable and allen's, or agriculture production is increasing, but increasing in a way that pay some attention to the needs of the local people. and i feel as well with the pop -- possibilities of technology and what it can do in agriculture, i think this is a problem that is solvable, but it is not solvable absent that quality of governa

mr. buffett issuing a collection of graphs on hunger issues. that is at 6:30 p.m. eastern hen

mr. buffett is showing photographs related to food. at 6:30 p.m.y eastern on c-span. major general gordon davis gave an update on operations in afghanistan, including the current role of u.s. troops, afghan forces ability to protect their country, and cobb at efforts against the taliban and isis. from washington journal, this is 35 minutes. for the past couple of years on thanksgiving, we have been joined by u.s. service members and military brass from afghanistan and we want to welcome major general gordon davis joining us from kabul, afghanistan. happy thanks giving and thank you for your service and thanks for being with us. you and your viewers, happy thanksgiving to everyone out there. it is a pretty nice day here. host: the me begin with news, this is the front page of the new york times. as you well know, saying the airstrike that hit the hospital in afghanistan on october 3 was avoidable. resulting in the depths of 30 individuals, mostly patience. operated by doctors without borders, what happened and what can be learned? the question,for i would have to first

mr. buffett issuing a collection of graphs on hunger issues. that is at 6:30 p.m. eastern here on c-span. >> [indistinct chatter] announcer: next, a look at the future of the smithsonian institution with the new secretary. he sat down with a conversation with the aspen institute president and ceo. this is one hour 15 minutes. >> [indistinct chatter] >> all right, i think we are ready. good afternoon. thank you all for being here. i am the director of the aspen institute, and it is my pleasure to curate four or five times a year, some of these washington roundtable series, sponsored by michelle smith. we want to thank you, michelle. the conversations i curate naturally deal with the arts, but not just with the arts, but art and society and how the arts intersect and how they can be productive and evermore interactive partners with all of the areas of society, which is very much of course in keeping with the mission of the aspen institute itself. today, we are very happy to welcome dr. david score 10, the new secretary of the smithsonian, who comes to us building on

mr. buffett so that certainly was surprising to a lot of investors.e minutes of one another. >> on a sunday in october. cory: that was on a long-term plan. >> exactly, so very unusual. another thing shareholders has said to me is, we do not understand because the sequoia fund managers themselves did not send us a letter explaining why they had resigned, and they did not hear from the directors that quick directly as well either. i spoke to one of the directors, robert swagger on the board of the sequoia fund. he is 94, very sharp, and has been an advisor on the board of directors for the fund since it started. he said he was surprised that they had quit. i spoke to him just after that announcement and he said he was surprised to clearly it was not something done in person. >> was he surprised about the size of the investment the fund had in valeant? 29% of their assets is in valeant. >> that is huge and it is one of the things i think can be taken away, if there is any lesson to be taken out of this mess, people often that have two big concentration a

mr. buffett, he owns the railroad. everybody knows that. we are not stupid out here like they think we are. host: thank you for the call. ray is on the line from west haven, connecticut. ray: i have heard a lot of these people. they are wrong. there are candidates -- if there is a spill, they don't have to pay nothing. we are responsible. the oil is going straight through america over across the world. what do we get out of that? why do we have to have this? it is not one to bring any jobs. it will not bring the 40,000 jobs. that would definitely not happen. so if people listen to the wrong thing and do not look at it from the way it is, if you do not study something, then you do not know what is going on. now i know this very well. this is ridiculous. that pipeline should not go. it is not going to bring jobs, it will hurt the economy really bad. it will hurt wind energy, everything. host: thank you for the call. i got your point. we want to move in, betty from humboldt texas. democrat, what you think? you are in an oil state. caller: i'm

mr. buffett and asked him why he was selling. he said what he's doing with precision castparts.nd $22 billion of berkshire cash and borrow the other $10 billion. sales of goldman sachs and walmart said these were both non-insurance subsidiary. that's why they were sold. it's not a reflection of a loss of confidence in walmart or goldman sachs. he also talked a little bit of what he's doing because of the paris attacks. i'm not selling any securities because of the attacks in paris. not at all. won't be doing anything differently at berkshire based on what they saw on friday. he bought stock on friday, he didn't say what. >> can he be any more specific about ibm? did he buy a hundred shares? >> still doing the numbers. >> i want to know about that. >> he's doing the numbers. >> oh, yeah i bought a hundred shares. he's so under water on this. >> i'm going from the last quarter. >> i need to know. that hit new lows last week. >> that was from last quarter. if you want to do this live with me on air we can. >> will you get back to me. >> 278 straight across. he had 689,588 shares an

mr. pickens: good. you have made it. [laughter] stephanie: warren buffett. mr. pickens: smart.nie: activist investor? mr. pickens: me. get this. i will be with carl icahn this afternoon, and we will do a podcast. i will say carl, i was there before you where. he will say no, i was never number two. i am older than he is. carl, a good guy. stephanie: does it surprise you that activist investment is the asset class du jour now? mr. pickens: it is. activist investor -- most, i would say, 75% of the time are better. they will make something happen. stephanie: a good activist investor. mr. pickens: what is a bad activist investor? stephanie: one who fails, who does not understand how companies should operate. we've seen good investors like bill ackman sale investments like jc coming -- jcpenney. erik: i would like to know why you are not doing what others are doing like carl, in freeport mack brown, if you are the original greater? mr. pickens: i do not want and i had to happen and a and of having to run a company again. i have done all that i want to. stephanie: what is your one pi

presidential front-runner hillary clinton will campaign with warren buffett next month in the billionaire's hometown of omaha, nebraska. supportand mrston tax a in the wealthiest americans are not paying their fair share. kobe bryant is calling it a career. the lakers star will retire at the end of this season. you will leave with five 17 all-star game appearances, and the number three spot on the nation's all-time scoring list. the news of his departure is sending ticket prices higher on the secondary market. homeket in los angeles finale in april will set you back more than $500. that is a look at bloomberg's news. right now you can get more on these and other breaking stories 24 hours a day at the all new bloomberg.com. from the bloomberg first word desk, i am laura keller. scarlet: thank you so much, laura. morgan stanley is planning a significant reduction in fixed income. invest in bank a sob on trading revenue plunged more than 40% in the third quarter. with what this means is michael moore. asknow that deutsche bank been reactive on that front, as has credit suisse. but this is significant because the other u.s. banks have no