that warren and eisenhower but warren -- warren had a reputation of being a very man of great honest and integrity. so i think he probably said something like that. and i he did have -- a residual feelings of racism even when he was president he didn't have any -- used to have a lot of southern white senators as buddies, and he didn't have too many black leaders cooling to the white house, in fact, martin luther king and roy wilkens in the head of the naacp pleaded with him. first of all, to come south and -- and try to tamp down the violence after brown b. and not only would he not come. but he didn't meet with hem for two years now he finally did meet with him and in eisenhower's defense eisenhower completed the -- the desegregation of the military. he forcefully enforced brown in the district of columbia. he also desegregated military facilities in the south and military schools in the south. so -- the difference is in my view is that he had all a of the power to do that. as president of the united states he worried that he was going to come it a crash or with the southern states.

well that's that's your job i guess. ♪ >>> run warren run. >> elizabeth warren is only a freshman senatorprogressive left begin a grassroots movement to draft her into the race for president. >> in terms of trying to understand the scale of it, i think there was a general assumption throughout politics this was a pretty narrow base of the democratic party. >> i think she did think very hard about the possibility of running. she talked to people about it. >> are you going run for president? >> no. i'm not running and i'm not going to run. >> she was a senator for just a few years. that would have been the kind of overreach that would have led people to resent her. >> eve though she doesn't run, warren goes on the offensive,s she and donald trump engage in their very public feud. >> and massachusetts is represented by pocohantas, right? >> nasty women have really had it with guys like you. >> she makes it clear that she's going to fight for the party by going after donald trump. >> so help me god. >> when the campaign ends the insults don't. >> you were here long before any of us were here,

>>> run, warren, return. >> elizabeth warren is only a freshman senator when groups on the progressivedraft her into the 2016 race for president. >> in terms of trying to understand the scale of it. there was a general assumption throughout politics this was a pr pretty narrow base of the democrat party. >> she thought hard about the possibility of running. she talked to people about it. >> are you going to run for president? >> no. >> it was she was a senator for just a few years. that would have been the over reach and bumptiousness that would have led people to -- >> even though she doesn't run. she goes on the offensive. she and donald trump engage in a public feud. >> massachusetts is represented by -- >> nasty women have really had it with guys like you. >> it's clear she's going to fight for the party by going after donald trump. >> when the campaign ends the insults don't. >> you were here long before any of us were here. although we have a representative in congress who they say was here a long time ago. >> now we have a president. who can't make it through a ceremony. honorin

like qualities of warren buffett that bitcoin has exposed remember this is why they're so angry about bitcoins have bitcoin has exposed those two as charlatans and all of their friends on wall street this is from nomi prins this is what real collusion looks like when one central bank the fed reduces q.e. another accelerates maintaining the average rate of developed countries at zero percent and the tide of asset purchases rising here is the chart of course the red line is the u.s. fad the blue line is the e.c.b. and the green line is the bank of japan max you had said this you suggested this long ago that whenever the fed stops or slows down with q.e. the e.c.b. picks up and vice versa and this data that nomi prins linked to suggests this is true and a lot of people to point this out peter schiff. richard jim rickards you know people that we've got on the show know me proves that the global increase in money printing as never decreased because you can't put a tape or a ponzi scheme so people say to me oh you know the fed's raising rates i thought you said you can't taper a ponzi schem

their annual event last weekend charlie mongers compares crypto currencies to turds and dimentia warren buffett does not like crypto currency is a position he really reiterated at the berkshire hathaway annual meeting his grievances against bitcoin and its ilk are many it's a nonproductive asset has no intrinsic value it's a breeding ground for charlatans who take opportunities to rip off people trying to get rich in something they don't really understand he said that crypto currencies will come to a bad ending warren buffett eighty seven in terms of charlie munger who's ninety four i like cryptocurrency is a lot less than you do he said to one buffett to me it's just dementia is like somebody else's trading turds and you decided you can't be left out i think because charlie munger is ninety four warren buffet's eighty seven they're both getting ready to you know shed their mortal coil and exit berkshire hathaway. cryptocurrency these big coin is a response to their legacy their witnessing what that what they caused this is a response to the financial system they created they had wish t

annual event this last weekend charlie monger's compares crypto currencies to turns and dimentia warren buffett does not like cryptocurrency is a position he really reiterated at the berkshire hathaway annual meeting his grievances against bitcoin and its ilk are many it's a nonproductive asset has no intrinsic value it's a breeding ground for charlatans who take opportunities to rip off people trying to get rich in something they don't really understand he said that crypto currencies will come to a bad ending warren buffett eighty seven in terms of charlie munger who's ninety four i like cryptocurrency is a lot less than you do he said to warren buffett to me it's just dementia is like somebody else's trading turds and you decided you can't be left out i think because charlie munger is ninety four warren buffet's eighty seven they're both getting ready to you know shed their mortal coil and exit berkshire hathaway. cryptocurrency these big coin is a response to their legacy they're witnessing what that what they caused this is a response to the financial system they created they had wi

our special guest is warren buffett.alked about this morning and over the weekend, one issue is just the economy. i know you said last week it's picked up steam. what numbers do you see, what are the things that run there u your head in determining the berkshire economic index >> yeah. i see a lot of numbers and i get them pretty fast i mean, in general it's pretty strong you could look at railroad cart loadings, for example, every week they come out on wednesday and you could see them by category 22 different categories. i think matt rose may have mentioned that the other day and they're carrying stuff because people are buying stuff. and you see it -- and you're seeing some inflation connect with some of this. but you see it in some building material we've seen it particularly in electronic components. we have an operation most people probably don't even know anything about called tti. and it carries close to a million different types or any one of a million items from us they're very small people buy them because they

. >> it really was warren buffet's weekend. he is making big headlines he loves apple he is endorsing the buy back plan he made a strong comment on bit coin we'll hear that later on three hours live look at that line up charlie munger and bill gates. about that about a billion dollars line up. we say things like unique thinking we mean it. thanks for joining us. >> sure. thanks for having me you just took about 212 apple shares off the market. are you surprised the stock didn't rally more? >> yes there is a significant artificial bid in the form of buy backs. >> yeah. and apple being an expensive stock, 183 bucks a share, the dow is price weighted index. apple is very important. when i see apple up 11% in a week and the dow doesn't respond i wonder does the market have a problem? it won't have the apple lift this week does it? >> if you look back at 2017 we had a very thinning of the market we have seen a leadership narrowing even further if you look at things google and facebook are not participating in this run either it's re

and we can't get that from reading the warren report. >> the critics of the warren commission have threee simply incompetent. two, we were thoroughly corrupt. some say both of the above. i want someone to tell me that to my face. at&t provides edge-to-edge intelligence, covering virtually every part of your manufacturing business. & so this won't happen. because you've made sure this sensor and this machine are integrated. & she can talk to him, & yes... atta, boy. some people assign genders to machines. and you can be sure you won't have any problems. except for the daily theft of your danish. not cool! at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & this shipment will be delivered... >>> at the start, lane was almost alone. now he's just one among a growing band of doubters. their books and articles are on the newsstands, they're in the supermarkets. now according to a recent poll, only one in three americans remains convinced that the warren report has the whole story. >> when you have a great number of pe

warren buffett made oanother additional bet on the company.s are up by a half percent in premarket trade. >>> it's that time of year again when thousands of investors pour into omaha for the berkshire hathaway annual meeting, they're hoping to pick up some wisdom from warren buffett. the veteran investor has often spoke about the importance of owning and learning from mistakes on a recent trip through his past he told becky quick about some of his. >> what did you think of washington >> well, i -- it wasn't so much what i thought of washington i hated leaving omaha. >> reporter: in his teen years buffett lived here after his father was elected to congress >> now, there's the marland. this is west chester >> this is where he started to form his thoughts about business and life, but not before making a few mistakes >> i was rebellious at first in school for about a year. i made a real pain of myself then i calmed down after a while. >> reporter: buffett says his adjustment to d.c. was rocky, and he often acted out >> that's the sears there. >> r

up next life after warren and charlie leave.now in charge of the businesses from the massive energy group. we catch up with the newly appointed vice chair greg able. that's next. seven businesses are run by women. arguably the most important woman joins us as our surprise guest. more count on. live just a moment. don't go away. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game. before investing, consider the fund's investment objectives, risks, charges, and expenses. read the prospectus carefully at alpsfunds.com/amlp metastatic breast cancer is relentless, but i'm relentless too. mbc doesn't take a day off, and neither will i. and i treat my mbc with new everyday verzenio- the only one of its kind that can be taken every day. in fact, verzenio is a cdk4 & 6 inhibitor for postmenopausal women with hr+, her2- mbc, approved, with hormonal therapy, as an everyday treatment for a relentless disease. verzenio + an ai is proven to help women ha

has been to get warren buffett to invest in something that i'm involved in. so far i failed. >>> we have some numbers out of italy, the jobless rate is 11.2%, higher than the forecast of 10.9. let's look at the reaction across europe to what is going on in italy. the heat map shows more green on the board. the euro/dollar up, slightly good news prompting that move higher against the u.s. dollar in terms of stocks, it's a positive start to the morning. so far the stoxx 600 is up 0.1%. and if you look across the individual indices driving those numbers, you can see that it's been well reflected here in london, in paris and in italy where the ftse mib is up 0.4 the xetra dax in germany is the laggard in terms of sectors behind some of those numbers, you can see construction bouncing back up energy is up a half percent, but utilities and autos, based on that news about the german automakers and the u.s. imposing tariffs to try to stop them, autos down more than half of a percent. let's look at the italian stock market a lot of those blue chip stocks are back in t

password today, warren buffett has jacked up to $174 billion. his top holdings, apple, wells fargo, bank of america and u.s. food giant craft lines. let's meet the ceo. he asked like he shy but he's not. you are the ceo of the combined company craft lines. how many bottles of ketchup and mustard will you serve to this crazy crowd. >> oh my gosh. we brought 7000 of each. >> you have numbers that just came out. your stock jumped the most in a year. it's up about 6% today. how do you navigate the changing waters of the food industry because of these trends in the past five years, locally sourced, organic, gluten-free at a time when you've got cello and planters peanuts and velveeta. >> i think it's all about understanding consumers, understanding the command and chang command chain. we been growing by adding new offerings like organic and flavors and so on. we just came out with heinz mail that were very excited about. >> they don't have a name yet for that. >> the mayonnaise in retail now but this is the mayonnaise ketchup. >> this is part of 3g,

last night, joe, we caught up with warren buffett. news on berkshire hathaway's apple investment. we asked him what he thought about apple's most recent quarter. here's what he had to say. >> there are surprises it is an unbelievable company. if you look at apple, it earns almost twice as much as the second profitable company in the united states. it's a wide, wide gap. i mean, it's an amazing business here is a company that's whatever the earnings are, $60 billion or whatever. and you could put all their products on a dining room table. i mean, that's not the way it used to be in this country we don't own it for the next quarter. it is incredible to me how you read the investor calls after reports. or you read all the analyst reports and they talk about what it is next year. nobody buys a farm based on whether they think it's going to rain next year or not. the relevant question when you're looking at buying part of a business is where's it going to be in 10 or 20 years? it may be you don't know the idea of spending loads of time try

most important woman in warren's life for the past 65 years. you follow warren. keeps looking for what happens. >> i love to see you and looking forward to it. when i think of berkshire hathaway meeting i think of warren buffett and liz claman. good to see you out there. i look forward to hearing more. thank you very much, liz. be sure every one tune in to "countdown to the closing bell" for much more on liz's "weekend with warren" at the top of the hour. that is coming right up. >>> residents of hawaii are forced to flee their homes as volcanic lava destroys dozens of homes. we have the details for you coming right up. stay tuned. whoooo. when it comes to travel, i sweat the details. late checkout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ...hotel without breaking a sweat. because we now instantly... ...search over 200 booking sites ...to find you the lowest price... ...on the hotel you want. don't sweat your booking. tripadvisor. the latest reviews. the lowest prices. trish: oil settling out the day at $73.70 a b

warren buffett wrapping up a weekend with 40,000 berkshire hathaway shareholders. becky quick spent the morning with him she joins us live from omaha >> it's great to see you guys today. one of the first things people always want to know when we talk to warren buffett is what he thinks about stocks, so we asked him. for months buffett's been signaling he didn't think stocks were a great place to be or at least it wasn't a great pricing for him if he was looking to buy entire companies he's got over $100 billion in cash on hand he's been sitting on this money, wishing he had some place better to put his money alas, he thinks most these big deals he's been offered have been overprized by 15% to 20%. however, when it comes to individual investor, people who don't do this for a living, he thinks the stock market is actually a great place to be, even now, even given some of these valuations that's because in large part he still thinks that for individual investor, stocks are a much better place to be than it would be to, say, put your money in u.s. treasury bonds. >> no

i'm a warren buffett fan boy for many years, one of my business goals in life has been to get warrenuffett to invest in something i'm involved in. so far i failed. so maybe, maybe one day i can convince him that times will be right, he'll be willing to honor us with an investment. it hasn't happened i think warren can invest anywhere any time. >> an investment by berkshire would have been a big seal of approval for uber ahead of an eventual ipo khosrowshahi telling carl that the company is still on track for a potential offering in the next year. >> we're in a good position in terms of the company's profile in terms of profitabilities and margins continue to get better we have a very strong balance sheet. i think we're on track in 2019 for an ipo lots of things can happen, but we have a buffer >> speaking on stage at the code conference last night, khosrowshahi says he wants uber to eventually become the amazon of transportation. you can see more of carl's interview with dara dokhosrowshi on "squawk on the street." >> thank you very much >>> your big money individual stock stories in

. >> charlie, warren, bill, i want to thank all three of you for your time. folks, that does it for us today. make sure to join us tomorrow. right now it's time for "squawk on the street. ♪ >>> good monday morning. welcome to" squawk on the street." i'm carl quintanilla with the others here. we are watching disney europe is green, oil above 70 as the iran deal deadline is this weekend. and we begin with futures looking to build on the rally. buffett pushing back on bubble fears saying he would easily choose stocks over bonds >>> plus, apple love the oracle of omaha saying he likes apple stocks so much he would love to own all of it. >>> and necessastle looking to jump-start the coffee business with starbucks we'll be joined exclusively this hour. >>> but first up, warren buffett has a message for investors in this market, choose stocks over bonds. becky quick asked him if he's concerned about a stock market bubble in light of recent record highs. here's his response. >> this is not one of those times. now, if government bonds go to 7% or 8%, which means if yo

liz: the lesson you have learned from warren, the number one lesson? lesson is optimism. he's an optimist. we're going to keep moving forward, it's amazing. that's why we're here, just investing in ourselves. liz: abel is responsible for overseeing all non-insurance companies in the berkshire portfolio, and that would, of course, include iscar in israel and every other company that doesn't have to do with things like insurance or coverage, geico and all the reinsurance companies. many shareholders believe when it comes to the operating part of the business and all the rethat -- retail that it will be abel who takes the helm. the guy standing next to him is jim brooks -- jim weber, rather. he now reports to abel. so do ceos, and the dairy queen ceo troy bader all used to report directly to warren buffett. i asked bader what it's hike now to work for greg abel. >> with greg it's been wonderful. he's been very involved, had the opportunity to spend some time with him and very accomplished individual, very bright, has a great understanding already of our b

have other people invested because of warren? margaret: we saw an uptick for sure.ves a seal of approval, and again, i think they liked the business model we have and the fact that we are focused on a particular segment. i think hopefully he will invest more. david: as the ceo, there are some things you can control and some things largely outside your control. how do you plan, manage, have a strategy for those things you can't control? interest rates have to affect your business. how do you plan for the various possibilities on interest rates? margaret: i think any good company will sit back and say as they are doing planning and strategy what are the things that could impact the company. interest rates for us being one, or retail transformation going on. i think what we do, or i do with my leadership team, is say how will we protect ourselves from those changes and what role do we play in helping to at least minimize any disruption that could happen in the company. let's stay focused on him again, the position and strategy we are trying to achieve. david: do high i

by one-on-one life with warren buffett and charlie munger.through the thought mind, ask them what happens when they decide they want to buy a business. what does each one of them look for and what do they push back on? a fascinating master class of its own right here in the fox business network. back to you. cheryl: a lot more coming up in sports. kevin durant blowing away the new orleans pelicans. garrett maxes coming in. oil topping 70 bucks a barrel for the first time since 2014. we'll decided push about 80 bucks a barrel. the less there than flynn. looking at futures higher. down 59 the premarket. nasdaq up 42.5. we will be right back. to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of protection in down markets. so they can focus on new things like exotic snacks. talk with your advisor about shield annuities from brighthouse financial- established by metlife. this endangered species is ge

>> elizabeth warren shows how out of touch she is.ck mike pompeo from becoming secretary of state. we've had wild success. we've seen three americans return from north korea. we've seen them literally dismantle their nuclear testing facility. we've just seen the north korean president and south korean president meet together. we're seeing tremendous success that could end that korean conflict. something that hasn't happened in a long time and elizabeth warren is certainly wrong on this. >> you were an early and still vocal supporter of the president. i want you to listen to president trump just a few weeks ago. >> i was watching during the campaign, and hillary was sitting right there. and pocahontas was up and she was so angry. look, we love each other, the women, the men. we love each other. everybody loves -- she was so angry. i said i think she's losing the entire male audience and many of the women. >> the most important word there in that statement there was pocahontas from the president. i read that you will not use that as the

warren buffett proposed an uber investment earlier this year.o have billion, but the talks did not lead anywhere. joining us now is eric newcomer who broke the story. was this uber reaching out or warren buffett offering on his own? >> this was a serious twotiation between the post-softbank deal in january. they were discussing back-and-forth different configurations and deal sizes. more than $3me in billion and centered around that number. there is talk on uber side of lowering the number. the proposed deal offers very favorable terms to buffet. that was the concern on the air uber size. julia: warren buffett is known for being pretty widely in these situations. we saw that in the financial crisis. it does cost and make great returns for him. >> it is funny because the financial crisis was this global disaster. this was a disaster of uber's own making. by the time they are having serious conversations with warren buffett, they already had the new ceo in september and softbank had come to the table. the belief was we are turning the page on our

warren: let me just be clearer my question was.whole range of regulatory issues, capital standards, stress tests, obligations of board members. i'm asking if you think there is a single regulation that the fed now his -- has in place that to be made tougher. mr. clarida: i don't have one. sen. warren: for a long time, leaders of the fed seems to think the only thing they needed to worry about was monetary policy. but as we learned in the 2008 an equallyng -- important part of the job is regulating the giant banks. the defining economic event of the last 50 years was the 2008 financial crisis and is alan greenspan later admitted, it was brought about in part because the fed did not do its job on regulation. i am concerned about your lack of background on regulatory issues and i am concerned about your unwillingness today to support strong capital standards for big banks. i will be following up with you. thank you. welcome to your family members, thank you both, it's a pleasure to meet you. vonnie: just listening to massachusetts sen

. >> make sure you join us on monday with the big interview with billgates and warren buffett. "squawk on the street" begins now. >> good morning. welcome to "squawk on the street." i'm david faber with jim cramer. carl quintanilla has the day off today. we take a look at futures. we're looking at ever so slightly, perhaps, a lower open after what was that yo yo move yesterday. we'll talk a bit more about that european markets, let's take a look at how we're faring overseas now you can see largely higher ten year note yield seem to yield came off a little bit with the jobs number, i think didn't we? yeah we're hanging around where we've been to the road map this morning it starts with that employment number employers step up hiring in april. the unemployment rate falling to a nearly 18-year low stock futures are a bit lower. you saw that ahead of the open buffett backs apple. despite preearnings worries. berkshire hathaway buying an astounding 75 million shares of apple. that's about $13 billion worth of stock in the first quarter. tesla's ceo elon musk takes to twitter defendi

warren buffett doesn't tweet but he does have an@warren buffett. >> thank you so much. >>> bank of america will give financial support to remington, the bank will go make a. this comes weeks after bank of america said it would stop financing military style weapons for civilians after the florida school shooting massacre in february. bank of america is contributing $43 million-$193 million lending package by seven banks. the goal of the loan is to help remington get back on its feet as it emerges from bankruptcy. >>> two big names in the world of coffee are teaming up to take on a powerful rival. nestli will pay starbucks more than $7 billion in cash to a nestli to start selling starbucks products in nestli's coffee systems beginning next year. nestli's capsules are competing with the kuerig cups. k's include pete's and green mountain coffee. starbucks will make coffee in north america and starbucks will make coffee for the -- nestli will make coffee for the rest of the well. >>> grocery stores, convenience stores, restaurants, vending machines, eating movie theaters have to have a calorie

only warren.ceos of most companies are lucky to get out of their shareholder meetings unscathed without tomatoes being thrown at them. here the buffett faithful have come. they are ready to spend. melissa: speaking tomatoes, there is a giant red exclamation mark or red gumby over your shoulder. red gumby might be coming in. i'm not really sure. watch your back there, liz. watch your back. he looks menacing. >> it's a brick. melissa: i'm a brick. makes more sense. david, thank you. david: 1500 people under mandatory evacuation on hawaii's big island, fleeing area surrounding kilauea now erupting. it is spewing gas and molten lava. fire officials detected high levels of deadly sulfur dioxide in the area. there are no immediate reports of injuries. officials can't say how long the eruption may last. it is clear a lot of beautiful hawaiian homes will go up in snoke. melissa: trump meets kim. the date and time is set. the latest predictions from the white house, coming up next. ♪ >> we're doing very we

what this is in essence, it is the definitive place for all things warren buffett and is the biggestof primary source information that we have straight from the oracle's mouth. >> the buffett box set, dom, thanks. >> such a cool idea, i love it. >> extraordinary work. >> i'm into it >>in tdetrght ahead. . stevens. your testimony will save lives. mr. stevens? this is your new name. this is your new house. and a perfectly inconspicuous suv. you must become invisible. [hero] i'll take my chances. at ally, we offer low-cost trades and high-yield savings. but if that's not enough, we offer innovative investing tools to prepare you for the future. looks like you hooked it. and if that's not enough, we'll help your kid prepare for the future. don't hook it kid. and if that's still not enough, we'll help your kid's kid prepare for the future. looks like he hooked it. we'll do anything... takes after his grandad. seriously anything, to help you invest for the future. ally. do it right. seriously anything, to help you invest for the future. roundup for lawns has arrived to put unwelcome lawn w

what is your challenge for senator warren?now how she is saying that pocahontas is a racial slu slur? pocahontas is a real person. >> tucker: it sounds like a compliment, when people point out that you are related to pocahontas, do you take offense? >> no, i don't. i was in a restaurant the other day in palm beach and i was leaving with someone and the person said, oh, you are with pocahontas, it was not offensive to me at all. i was proud that they said that. >> tucker: how do you view senator warren's claim that she is an american indian, do you believe her? >> well, i respect senator warren as a u.s. senator, but i wish she would take the dna test. if she took the dna test, then that would end a lot of the controversy. if she was part american indian, i would be the first to welcome her into our heritage. >> tucker: maybe she is related to pocahontas too. weirder things have happen. why do you think she will not take the dna test? it does not cost much. >> i know, maybe she is afraid that she is not. it is not right and is

we'll bring you more of becky's conversation with warren buffett in a few minutes joining us this morningeeks, chief investment officer and portfolio manager dan morgan good morning to both of you. >> good morning. >> paul, there was a lot -- a lot of consternation and anxiety heading into this apple quarter. people were worried that iphone units would miss in a way, they did but the iphone x was strong. people were worried that the iphone x would not be strong what is the takeaway now that we can see apple at all-time highs, buffett having bought in q1? where does apple stand >> the way i look at it is probably just a hold among the top ten holdings of my tech portfolio it's essentially back to its all-time high, one of the things, jon, i was disappointed in, frankly, in the quarter was unit growth of iphone. we're now essentially two quarters in to the iphone x ramp with the iphone x ramp you have a big jump in average selling prices in two more quarters once we anniversary that. if you continue to have in the iphone franchise unit growth of 2% or 3%, and you've anniversaried the pay in

why listen to warren buffett?100 invested 53 years ago today, when he bought berkshire, today was the day he bought berkshire is today worth more than $2.4 million. arguably the greatest investor of our time. closing bell, we're eight minutes away. is the yellow brick road paved with gold? on the eve of mother's day weekend, wall street guru david dietze has stock picks your mom would live to hug and hold. "countdown" is coming right back. ♪ the sun is shining so why binge in here, when you can do it out there. with this clever little app called audible. you can listen to the stories you love while doing the things you love, outside. everyone's doing it she's binging... they're binging... and... so is he. so put on your headphones, turn on audible and binge better. at crowne plaza, we know business travel isn't just business. there's this. a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. crowne plaza. jeff and market

dom chu has a look at the new warren buffet archive. dom? >> if you want to get a buffet fix, you can get that fix in a big way with buffet.cnbc.com the reason why we say this is because it's been years in the making and months to compile we got hours of -- 500 some clips out there. we got 130 hours worth of footage from all of these annual general meetings, agm, as you calm them, transcribed, 2600 pages worth of content. search the archives, you can look at the popular searches and search by any keyword there. also, some other interesting applications you can do with the website. go through and hunt for the last 25 annual meetings that berkshire had, full video of the entire meeting and verbatims for them all buffet a-z, a lot of the topics talked about from airlines to ceo pay, all come biled in an app-like format like this. also, any history about buffet as an investor is here on the timeline again, another huge way to categorize all of those things, and, of course, all the interviews that buffet gave to cnbc over the years, many exclusiv

what can we learn from warren buffett? let's start with the obvious the greatest investor of our time maybe the greatest who has ever lived. at least until we saw president trump's tweet about a decision on the iran deal and we gave up most of our gains. but look, if we get hit with a sell off caused by negotiations with iran, this is the pullback that makes buffet want to buy stock hand over fist buffet is an old fashion guy, he believes in progress and he believes in america. so when we hear him speak like in his fantastic interview this morning in the wake of the berkshire hathaway annual meeting, he extentends to be a reassuring voice by the way, if you missed becky's new documentary about warren buffett, you can catch it right after the show tonight 7:00 eastern sure, he has made mistakes, but nobody is perfect. besides buffet has far more winners than losers. he knows that failure is a better teacher than success. now it is one thing to make a mistake that actually makes you money, but something else to miss out an i

will have a very special surprise guest to join warren buffett.00 p.m. eastern right here on the fox business network. >>> and speaking of charlie munger, warren buffett's right-hand man for decades telling us five years ago when bitcoin was in infancy what he really thinks about the cryptocurrency. >> bitcoin, this digital currency that's out there that people say it might be the next big thing, what do you think? >> i think it's rat poison. [laughter] >> put him down as undecided. liz: hey, he calls it rat poison but bitcoin was trading around $115 then. now as you see it's at $9,612 per coin. that's a stunning move. goldman sachs jumping on the cryptotrain announcing plans to open first cryptotrading desk but now have a market veteran echoing charlie munger throwing cold water on bitcoin during the milken conference panel, bitcoin is, quote, for suckers. we bring back our floor show trader. teddy are you in the rat poison club or the bitcoin bull club? >> i'm too old. you know, when i think of so many things they found unbelievable in my wall s

debt took over that was after the financial crisis the ordinary person who was not warren buffett who is not jamie dimon who is not lloyd blankfein the ordinary person the only debt they could access was from the government and student loans in the form of student loans there were also no jobs going around so you might as well go and get real. educated and learn a new skill and go back to university so a lot of people when everybody went that's been degraded by the way they're all sorts of big names now telling you that it's not actually worth. college degrees no longer worth the debt load anymore but nevertheless people can access that debt and then continue to feed themselves and house themselves using their student loans for the last few years well now they have a huge pile of debt right and that's with interest rates at historic lows you know the curve starts zero and it extends on the zero line for a few years and then none so you get to the fifteen to twenty year to start to kick up and then you get into what we call interest rate apartheid if you're on a student loan or a credi

i'm a warren buffett fan boy for many years, one of my business goals in life has been to get warren buffett to invest in something i'm involved in. so far i failed. so maybe, maybe one day i can convince him that times will be right, he'll be willing to honor us with an investment. it hasn't happened i think warren can invest anywhere any time. >> buffett did confirm to cnbc they did hold talks with uber and nothing came of it an investment by berkshire would have been a big seal of approval for uber ahead of an eventual ipo. khosrowshahi telling carl that the company is still on track for a potential offering in the next year. >> we're in a good position in terms of the company's profile in terms of profitability an margins continue to get better we have a very strong balance sheet. i think we're on track in 2019 for an ipo lots of things can happen, but we have a reasonable buffer as well i think we're in a good spot that said, we would welcome strategic investment it's just not first priority for me right now >> speaking on stage at the code conference last night, khosrowshahi sa

i i talked to elizabeth warren about it and i'm not sure she is going to run. she would be great but don't think she's going to run so i think she doesn't maybe i will. he says what do you think? first of all we don't need another ralph nader who will steal votes from the democrat and help the republican get elected. he said i will never do that. i will not run as an dependence with whatever happens i will support the democratic nominee. so i said okay, that is good. my word of advice if you are serious about this you have never run for president before, none of your staff ever work the presidential campaign, you ought to get some people together who have some political presidential campaign experience and find out what they are thinking. and bernie nods for a second, would you organize that for me. what can i say then. a month later, april 9, 2014, bernie and his wife jane, came to the house with michael briggs and i rounded up 12 friends of mine who had president of campaign experience and it wasn't easy, i recall people, i'm already supporting hillary, she h

morning we'll get some of the headlines from the annual berkshire meeting and her conversation with warrenfett. first, jon fortt sits down with satya nadella after the company kicks off its build conference. >> i can't tell you everything yet. that developer conference is literally starting right now some news we will share with you as it happens. as you expect, we had a conversation about cloud, about artificial intelligence, about his leadership at microsoft and even some things that he got wrong in his first years at the company. though, there aren't many. the stock is near all-time highs around 95, 96 bucks a share. we talk trade and china specifically we covered a lot of ground, carl i had a chance, of course, to sit down with him. it was wide ranging. and so we'll have a lot to share. i'm going to share a little bit right now. let's do it. >> if you look at amazon and us, if there's one common ground we have between us is that we believe in our personal digital assistance, whether it's alexa and cortana, in fact, working with each other. i think that sometimes strategies can work for

even as the e-commerce giant encroaches on warren warren bufs business iss warren buffett will not criticize i asked him about that when you have somebody you admire, jeff bezos killing it in the commerce world, pampered chef sells product on amazon but do you have any thoughts how to make sure that pampered chef doesn't get cannibalized from the original business model selling on amazon? >> just as my gross profit is his opportunity. almost everything we do is threatened by something else. but that is america. that is what capitalism is supposed to do. everybody is working to make product better and less costly. capitalism rewards the winner. >> he can say that, neil. but as you know, he owns lot of retail businesses. the dairy queens, the sears, fruit of the room. he sells garanimals, ginsu knives. world book. he does not deny the brick-and-mortar world is under assault and attack. one of the things i want to ask him at 3:00 p.m. eastern on fox business on "countdown to the closing bell" is, do you foresee in a couple of years, maybe one or two of berkshire's retail businesses ceasing to e

neil: all right warren buffett no one has made more investing than warren buffett in human history it's a simple fact so his thoughts weighing in on developments on the world they're monitoring and watching liz claman is out in omaha and a lot more from her coming up and a lot more from warren buffett coming up and his thoughts on the world and these chinese talks back and forth which seems to imply that it's not a war in his eyes, but skirmishes can get out of control and jonas max ferris knows about it and kind of worries about it and he's just saying maybe cooler heads prevail but our economic avenger dream team came back, and they didn't have anything. they came back empty handed. what do you think? >> it seems like an agree to not agree meeting which at this point is good. it could have gotten worse and it's not solved the chinese aren't going to magically make a $200 billion trade deaf nit just disappear. neil: if they disagree they didn't want to set an arbitrary number to pair that surplus, right? >> no and you really can't. i mean, what would, ideally, they would stop doing cer

debt took over that was after the financial crisis the ordinary person who was not warren buffett who is not jamie dimon who is not lloyd blankfein the ordinary person the only debt they could access was from the government and student loans in the form of student loans there were also no jobs going around so you might as well go and get real. educated and learn a new skill and go back to university so a lot of people went everybody went that's been degraded by the way they're all sorts of big names now telling you that it's not actually worth. college degrees no longer worth the debt limit anymore but nevertheless people can access that debt and then continue to feed themselves and house themselves using their student loans for the last few years well now they have a huge pile of debt right and that's where the interest rates at historic lows you know the curve starts zero and it extends on the zero line for a few years and then none so you get to the fifteen to twenty year to start to kick up and then you get into what we call interest rate apartheid if you're on a student loan or a

betty: warren buffett taking questions about policy at the first -- after the first lost since 2009.aidi: it is past 8:00 in sydney. we are two hours away from the open of asia's first major markets. betty: it is after 6:00 p.m. sunday evening in new york. i will look at how the action on wall street will play into the asia-pacific trading day. we saw socks -- stocks surge on friday after that jobs report showing an 18 year low on the jobless rate now below 4%. who would have thought this after the financial crisis? the dow surging 340 points, the s&p higher. look at the nasdaq cowering -- towering ahead. you know, overall throughout last week, it was a doldrums in the market. we ended on a really high note, but that left the markets flat for the week. saw dust haidi: apple was a real standout. here we are getting back to trading from the last week. it was really disrupted by a number of public holidays around the region. korea notably, public holiday. trading in new zealand underway, seeing the upside of .2%. 20 with the u.s. dollar continuing to pick up pace in the friday section,

coming up, apple shares hit a record after warren buffett makes another big on the stock. over the cartle commending them an edge in southeast asia. what it means for the tech industry and asia going forward. but first, shares of apple hitting an all-time high. the stock rose after warren he bought ancnbc additional $75 million -- 75 million shares. apple as earnings wrap up, let's bring in kevin kelly. we will start with you. a big vote of confidence against buffett. wrecks this is a info of confidence -- confidence. andhave the buffett news now you get into a june, september quarter. i think now this could be the yellow brick road to a $1 trillion market cap. aheadk there is good news . >> that said, you know the smartphone market is saturating traded will apple continue to defy the odds and how far away are they from the $1 trillion mark? the question, can you sustain this growth, for a long time, tech was one of the primary sectors you could go to. is shareholder friendly how of apple. >> alibaba shares also jump today. they have been unapologetic about ramping up thei

warren buffett, investor, teacher, icon.irs tonight at 10 eastern time and stay tune because we got a preview coming up in the next hour of "power." >>> bitcoin up 5% this week but still down 25% this year. critics say it can never be a currency when it's that volatile but what if there was a stable currency >>> plus u president trump arriving in dallas at this hour to speak to the nra. we'll take you the lreive when "power lunch" comes back. >>> look at bitcoin because bitcoin prices are inching up to that 10,000 level once again down slightly today is cryptocurrency. bitcoin and others are very volatile as you all know. bitcoin has lost 46% of its value. what if there were a cryptocurrency that did not wildly fluctuate in value, one that was based on an algorithm that kept the currency consistently at a dollar. joining us now is basis cofounder and naji had you hadar thanks for joining us. >> great to be here. >> how does that work? it sounds almost as -- somebody out there might think is it pegged to the dollar then? >> i

senator elizabeth warren is there.d say we're looking at two top con tepidete for the democratic party. >> i think elizabeth warren would be a great candidate. >> okay. >> thank you. >> you can say hello. >> i will. >> thank you for joining us. hope you'll come back. >> thank you very much. >>> wrong-way drivers post a lethal threat to others on the highway. ahead, how special forms could change that. change in course. hey pops! i got you your usual. (grandson's phone beeps) you need to run off? noo. i've got plenty of time. (laughing) here's to making your morning routine a little better. the sweet, savory sausage egg and cheese mcgriddles. breakfast at mcdonald's. wearing powerful sunscreen? yes! neutrogena® ultra sheer. unbeatable protection helps prevent early skin aging and skin cancer with a clean feel. the best for your skin. ultra sheer®. neutrogena®. metastatic breast cancer is trying to stop me, but not today. today, there's a new treatment for women like me who won't be held back. learn more at treatmbc.com.

warren buffett says he is buying more apple. we will be in omaha for what to expect from the animal shareholder meeting this weekend. more to come, but we are 30 minutes into the trading day, and julie hyman is here. we typically might see some selling. julie: we are seeing an indecisive day. there's is no room for stocks with the volatility we have seen. we are seeing not much change overall in the wake of the jobs were are dust jobs report this morning that was mixed when it -- in the wake of the jobs report this morning that was mixed when it comes to overall estimates. a lot to way here. if you look at the s&p 500 the past five days, we have seen four of the past five days be negative. this is as investors are trying this as good as it gets. that sentiment encapsulated in the caterpillar conference call earlier in the week. if you look at the economic data, there is the question that remains as well. we have the economics of price index for the united states. that is in blue. that is just buy what margin are economic data po

apple shares hit a record after warren buffett makes another egg -- another big bet on the stock.mazon lost out to walmart, giving them an e-commerce edge in southeast asia. and the u.s. trade delegation heads home after two days of talks. what it means for the tech industry and asia going forward. but first to believe. shares of apple hitting a new all-time high pushing the tech giant to striking distance of a $1 trillion valuation. warren buffett told cnbc he bought an additional 75 million shares of the iphone maker in the first quarter, expanding his already large investment in the company. for more on apple and perspective on the sector, let's bring in kevin kelly. i will start with you -- a big vote of confidence from buffett. what is your read? >> going through a white knuckle period over the last two weeks, you have the buybacks, and now you really get into june september quarters, a massive product cycle on the horizon. this could be the yellow brick road to a true billion dollar market cap, and i think ?nvestors are starting >> that said, the smartphone market is saturat