Berkshire Hathaway Chairman and CEO Warren Buffett discusses his investment in American Express at the 2019 Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska. Buffett says, in this day in age, everyone’s a competitor, but he’s still optimistic on American Express and he’s glad he owns 18% of it. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on […]
ANDY SERWER: I’m here with Charlie Munger, Vice Chairman of Berkshire Hathaway. Charlie, great to see you. CHARLIE MUNGER: Nice to be here. ANDY SERWER: I want to continue with some of the questions that people were asking you at the annual meeting and start maybe with China, and trade and tariffs. And you said that even Trump can be right on some of this stuff. CHARLIE MUNGER: Yes, when people get mad enough at one politician, they get to thinking everything he says and does is wrong, and that’s never the case. ANDY SERWER: What, what, go ahead and continue. I’m sorry. CHARLIE MUNGER: And all I said was […]
Warren Buffett and Charlie Munger discuss Berkshire Hathaway making strategic deals abroad, noting that they’ve made some great deals with Israel. GARY RANSOM: Yes. You’ve said that you are looking for non-insurance large acquisitions to put that cash to work. And when you’ve said that, I’ve usually thought of the United States because you’re a big fan of the US business. And I just was wondering whether you’re seeing more opportunities as the rest of the world opens up, grows, whether there’s opportunities for some of those mega transactions in other parts of the world– say, Asia or Europe? WARREN BUFFETT: Yeah. Gary, I would say that I’ve been disappointed […]