a request for a dlafrgs warren buffett is against the funds and warren buffett said two individual investors is different than a long term investors this is regarding the letter to warren buffett i was very, very contrary as a trustee of the san francisco retirement board the long term assumption 7 and a half and the allocations no doubt that response was directly to me in my role as a commission of the retirement board and way of the has the same position of hedge funds as individual for institutions i'll be going to the board meeting in may if i see him i'll ask him. >> this is page 8 of 24 all in favor, say i. of adoption. >> opposed it is 5 to one. >> there is no item 16 item 17 please. item 17 an action item approval the minutes retirement board retreat. >> this item commissioner, i will leave it up to our pleasure if we go forward with adopting the minutes i'll vote against them i don't think they will accurately reflect our retreat if we want to send them back if someone agrees with me they can come back more accurately lettingthem the agenda didn't match if you read the minutes that

managers, including warren buffett. don't miss matt rose, the chairman of burlington northern. they have stumbled recently. warren buffett specifically had harsh words for matt, but matt's coming back and we'll find out more about the railroad business and more from the mutual of omaha. i take prilosec otc each morning for my frequent heartburn. because it gives me... zero heartburn! prilosec otc. the number 1 doctor-recommended frequent heartburn medicine for 9 straight years. one pill each morning. 24 hours. zero heartburn. . liz: i'm quiet because the silence is deafening too at camden yards, despite the fact that it's a route for the home team. you're looking at pictures of camden yards where the baltimore orioles are swamping the chicago white sox. score 8-2. but because of the protests in baltimore, no fans have been allowed into the stadium. first time that's ever happened in baseball history. here's what makes it particularly tough on fans. the baltimore orioles up 8-2 as we mentioned in top of the fifth inning.

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buffett is against the funds and warren buffett said two individual investors is different than a long term investors this is regarding the letter to warren buffett i was very, very contrary as a trustee of the san francisco retirement board the long term assumption 7 and a half and the allocations no doubt that response was directly to me in my role as a commission of the retirement board and way of the has the same position of hedge funds as individual for institutions i'll be going to the board meeting in may if i see him i'll ask him. >> this is

buffett is against the funds and warren buffett said two individual investors is different than a long term investors this is regarding the letter to warren buffett i was very, very contrary as a trustee of the san francisco retirement board the long term

>> i'm going to turn that question around by quoting warren buffett. he's fond of saying you should support your kids well enough so that they can do anything with their lives. but not so well that they can do nothing with their lives. the current $10.8 million exemption for a couple could raise some kids. >> people turn questions around it's because they're dodging the question. what do you think, would the private sector do better? >> yes, this is no way -- it's not a paris hilton tax. it hits farmers and their ranchers. it hits the middle class and the way of lost jobs. it only raises $20 billion a year. guess what we stand on health care fraud, $60 billion. what we spend on maintaining vacant federal buildings, $25 billion. what is the federal government doing wasting our tax dollars? it's immoral what the federal government is doing to the american taxpayer. >> so many times taxes that focus just on the rich, just on the rich, end up going to the middle class, don't they? >> absolutely. but this is a morally bank rupt tax. people pay taxes their w

warren buffett is weighing in on federal policy. he has said he would not raise interest rates if he were in charge of the central bank. rates could be boosted in june. warren buffett says that would throw a monkeywrench to the american economic recovery. no word on whether janet yellen is paying attention to that advice. anchor: thank you so much. we are talking us through. lots of folk is -- lots of focus on the results from nigeria. reporter: a big story from across the world. goodluck jonathan called his rival to congratulate him on the victory. good title in "the independent" today. this is an historic victory for muhammadu buhari. anchor: it was a long time in coming. he is run four times against goodluck jonathan and he was once a former military dictator. reporter: there is an interesting portrait of him and his past. he was one of the harshest military rulers. during his 20 month rule, he waged a war against -- arresting some and jailing others. he insist this is part of his past and he is a sworn democrat. many voters say

the terms of the deal not disclosed. >>> warren buffett doesn't just have eye on newspapers. in an interview today with becky quick, the oracle of omaha wants to purchase additional auto ships in the u.s. following acquisition of the privately held car dealership last year. >> this was a huge move for you to go in are you working to expand that pool are you expanding in terms of the number of auto dealerships? >> very much so. 71 81 now? yeah and we've heard from a lot of dealers, we'll hear from more i'm sure and i'd be surprised if five years from now we aren't a whole lot bigger. >> and part owner of heinz, becky buffet asked about kraft and whether he's looking to buy other food companies. >> we would hope it would not be the last major transaction, but we'll only do transactions that are friendly. so really depends on whether there are willing sellers of a price we'd like to buy. but there is no finish line. >> and when it comes to the economy, buffet characterizes it as being extremely steady. >>> well ibm, a buffet holding, outlines a major internet of things strategy

next one contest winner who thinks he has the answers for one warren buffett. he joins us next on the half to explain. >>> okay. we're back. buying like buffett. what will warren buffett buy next challenge is a month-long econo competition to identify what could be mr. buffett's next investment. a panel analyzed all the ideas submitted and selected only one. we're joined by the co-founder of sum zero. also joining us is the winner of competition, christian sulzberg, a student and a former cnbc intern. we're proud of what you have gone on to. welcome. >> thank you. >> welcome. good to see you again. let's say what the idea is first. >> progressive. >> progressive insurance. >> yeah. >> why did you pick his idea? >> i didn't pick his idea. >> why do you think the panel picked the idea? >> so we're all sort of disciples -- >> you is a general thing. >> yeah. >> work with me. >> first of all, warren is obviously an investor in geico, has a lot of experience with insurance business and i think when you think about ware ren's framework for investing, it's investing i

that is the most, warren buffett, most gary smith. it is established. they have barriers to entries they already have locations. they're making money. that is the one i would play. liz: barriers to entry. you mentioned buffett. buffett owns the big competitor, oriental trading, larry. does that make it a target? >> it may. i'm with gary, party city is one of the three i would go with. it is a household name. it has been around for almost 30 years. liz: yeah. >> i acknowledge there has been a lot of financial maneuvering. sales have been growing although they are in debt. that's changed. but all the tossing back and forth, now it is public perhaps they can streamline things, get their act together and get up to 1000 stores where they deserve to be. liz: adam, do you like any of the other two? >> no. i know you buy stuff from etsy. i don't get etsy. i really don't get virtu. high frequency trading. liz: making money hand over fist. they have a lot of cash flow. >> that is what scares me. they never lost except once. i never trust anybody who never lost an

they agree with the notion that there is double taxation, warren buffett is being double or triple or quadruple taxed. so with that i we will go ahead and stop and turn the floor over. .. you haven't made the money until you have gotten the cost of your machine back back in one additional dollar. this is the basic core idea underlying the fact that capital expenditures should be deductible like other business expenditures. we see that in section 179 for small business expensing that it should be applicable to all taxes. let me try to explain reasons why and mentioned that investment is key to productivity and increasing real wages of ordinary people. we see that all over the world in many different cases but in the united states tax policy the last time we did anything concerning moving towards expensing was 1981 with the economic recovery tax act under president reagan. something called accelerated recovery tax system which was a 60 -- substantial move towards expensing because businesses can deduct their capital expenses more rapidly. as a result of that you saw investment i make wh

first, how much will hillary raise warren buffett's taxes? warren buffett famously pays a much lower tax rate than his secretary. this is mostly because money earned working is taxed as a higher rate than money earned from investments that warren buffett and mitt romney make. will she end this treatment that favors the rich over the middle class? will hillary expand her husband's harmful legacy on trade? now, here are the numbers with a nod to ross perot. palestinian's nafta has been a bonanza for corporations and a disaster for workers. it's depressed wages and destroyed 700,000 american jobs. another even larger trade deal is currently being negotiated that would make things worse. mrs. clinton so far has been silent on this trade deal. where does she stand? will hillary fight for workers to have more power? as unions have declined so have middle class incomes, by republican union busting, that's made it virtually impossible for workers to organize. will she fight for national legislation like the employee free choice act that will give emp

warren buffett, for one. i asked him about money in politics and clinton. you've been a staunch supporter of hillary clinton. >> i still am. >> you still are. you've told me multiple times you want her to be the next president. >> i hope so. >> of the united states. she's faced headwinds recently, particularly over her e-mails while at the state department. has it changed your view at all? >> no, no. i'd like to see her e-mails, too, probably. there's a curiosity factor. but no. what i care about is what she believes in and her ability to get what she believes and turned it into law. >> do you think she's going to be the next president? >> i think so. >> last year you donated $25,000 to a group supporting hillary clinton. is that right? >> right. >> and you have told me before that you really don't like super pacs. >> yeah. yeah. i -- that's -- it's a good one because i did not know it was a super pac. i asked -- they had a maximum. which was $25,000. i didn't -- you know, i think of super pacs as these things with hundreds or thousands or millions. i did n

jon stewart against the pope on one side and tina fey against warren buffett. the comedians have won. why do you think the comedians so easily dispatched a titan of industry and the pope? >> i think it makes a lot of sense. the thing about tina fey and john stuart are they not only funny, they also stand for a little bit more than that. tina fey is a female icon in a lot of ways. and jon stewart has become this liberal lion. people attach things to them more than just their comity. it gives them a universality that maybe not everybody has. including the pope. it helps them to not be the polarizing because even if you do not like them or agree with her politics, you cannot deny that they are not funny. john: the notion that jon stewart is more universal of the pope is very funny. who do you have in this matchup between tina and john? >> to me, john stuart has the advantage as he is retired. tina fey she has taken a clear step backward. she has been on camera at a little bit less recently. she is gone back to being a writer in a lot of ways. his big challenge was

what is $1.25 billion for warren buffett? he gives $3 billion a year to the gates foundation, on whose board he serves. i've had rich people--very, very rich people--tell me, "we know how to make a lot of money. we do not have a clue what to do with it, and that includes us." so if we want to be very practical about it and speed things up, if we know very rich people--and silicon valley has a few of them--recognize the following: that a lot of them could care less. they want to make more money, or they're into their little gadgets. it's amazing how much brain power is being poured on technical changes and innovations of minimal significance. just look at the apps lately. i mean, they're embarrassing as a culture. [laughter] people can find ways to save millions of lives and not make anywhere near the amount of money that some little quigley app for some idiotic whim that is promoted, ok? but there are people in silicon valley--you should try to bring them together for a dinner. i would be glad to attend--who i can show can le

. >>> coming up at 5:00 eastern, we're going to have my interview with warren buffett talking about the u.s. economy, income inequality and who he wants for the next president. >>> before that, the framework for a nuclear deal with iran. president obama and members of his administration are calling on lawmakers and foreign leaders to make the sell. but there's another big looming factor here iran's supreme leader, who has promoted hostility towards the united states. our chief correspondent jim sciutto looks all the whether the united states can really trust iran. >> reporter: sellcelebrations on the street es of iran overnight. the foreign minister welcomed home as a hero but behind the smiles another iran defines america as the great satan and death to america chants. this is the iran of supreme leader and the feared revolutionary guards. many critics worry cannot be trusted to hold up iran's side of the bargain. >> the military here has a lot to say about this. not necessarily the iranian negotiators, they don't have the power. the military have the power. >> reporter: u.s. ally isra

liz: fox business stock alert, warren buffett pretty pleased. coca-cola, one of his top holdings, he is the largest individual shareholder of that. got a pop after it reported a jump in revenue for the first time in four quarters. sales in north america, biggest market. coca-cola stock held 1.5% of the gains, stock at $41.41. full speed ahead for autonation. this earning season as the car dealership giant posted a 13% rise in revenue. what are consumers driving to the dealer to buy, and will these trends change if gas prices begin to rise? it's always a possibility. let's bring in autonation chairman and ceo mike jackson. see, mike, now you're in such thin air territory. 18th consecutive quarter of double digit revenue gains. you know competitors are out to kill you. you know that's going to happen, right? >> well, we have many worthy competitors in the rearview mirror, but we've got to just pedal faster, that's what we do. our best first quarter ever, 97 cents, increase in earnings per share of 29% with revenue just under 5 billion. a record cu

led by warren buffett turned the entire collection over to the library of congress. buffett did it because it was what his late mother would have wanted. that's it for tonight's program. tell us what you think on aljazeera.com/americatonight. we'll have more on "america tonight" tomorrow. . >> tonight, wealth and power in america, the late steve jobs epitomized the ability to change the world from your garage but forget what you think of silicon valley. i'll talk to the authors of a startling new account that separates the man from the myth like never before. the titans of wall street, i'll talk to a politician, who says the bankers really run america. and a student debt strike against an institution that the government d

, led by warren buffett, turned the entire collection over to the library of congress. buffett did it because it was what his late mother would have wanted. that's it for tonight's program. tell us what you think on aljazeera.com/americatonight. we'll have more on "america tonight", tomorrow. >> coming up on the program. i.s.i.l. fighters were pushed back from the yarmouk refugee camp in damascus. combating the

, led by warren buffett, turned the entire collection over to the library of congress. buffett did it because it was what his late mother would have wanted. that's it for tonight's program. tell us what you think on aljazeera.com/americatonight. we'll have more on "america tonight", tomorrow. >> al jazeera america brings you a first hand look at the environmental issues, and new understanding of our changing world. >> it's the very beginning >> this was a storm of the decade >>...hurricane... >> we can save species... >> our special month long focus, fragile planet >>> you are watching al jazerra live from our headquarters in doha. here is what's coming up. gunmen attack a university in northeastern kenya killing at least two people and injuring dozens of others. also ahead on the program. saudi-led air strikes forced heidi rebels to bull from the yemeni city of aden. >>> isil fighters are pushed back from the refugees camp near the syrian capital. >>> and learning to speak in their native tongue, how schools in bolivia are pushing indigenous

next week we will be in omaha where share holders are meeting and markinth year of warren buffett in th >>> no power, no water, and more aftershocks. 24 hours after an earthquake, nepal continues to shake and the death toll continues to rise. >>> a child care center and school closes without warning in montgomery county, leaving parents with a lot of questions, like, what to do with their kids come tomorrow. >>> a cool, cloudy start to our sunday, but the sun will make its way out today. the details are straight ahead in the first alert forecast. >>> good morning. this is nbc 10 news today. i'm rosemary connors. it's 5:30 on this sunday. meteorologist brittney shipp is tracking the chilly conditions outside right now. and brittney, you'll definitely need a jacket when you step oue.

indiana's religious freedom law is also getting reaction from billionaire warren buffett. >> to the extent that it could in any way be prejudicial to gays or lesbians, i'd be opposed to that. now i don't know.i've heard people say, well, it isn't designed to that or something, but in the end that would be the test for me." >> pam :governor pence says he is not backing off his support for the law. he insists the firestorm is due to misinformation. coming up: the launch point for alcatraz. may soon change. and where it could be heading. has some people fired up. a driver crashes into a bay area boy's home. sending him flying across the room! and -- where huge chunks of ice. are falling from the sky tonight! ♪♪ at kaiser permanente everything you need is under one roof. another way care and coverage together makes life easier. okay, a little easier. become a member of kaiser permanente. because together, we thrive. ♪♪ >> pam :take a look at what is dropping from the sky in oklahoma tonight. a storm produced hail. as large as baseballs! the hail pictured here fell in meeker, oklahoma.

next week we will be in omaha where share holders are meeting and markinth year of warren buffett in th dude totino's blasted rolls. sweet. totino's blasted crust rolls... yeah. flavor at full blast you say avocado old el paso says... zesty chicken and avocado tacos in our stand 'n stuff tortillas . (record scratch) you say stand n' stuff tortillas old el paso says... start somewhere fresh ♪ >>> this weekend on "extra." did bobbi kristina have a death wish? >> do you think it was a suicide attempt? >> booze, drugs, intervention after intervention as bobbi kristina's boy friend sits in rehab, his brother breaks the family's code of silence. >>> the shocking new claim about whitney. >>> then we asked trump the billion dollar presidential question. >> would it be the trump chows? >> mario and the a list cinemacon, and charlize on falling in love

buffett, and when he speaks people listen and does he have it wrong? >> i agree with the bishop that everybody should be treated with experience, and we have 20 years with the riffra laws and we know what they are for, and they have not been used to protect gay people, but for native americans to keep them from being imprison eded. >> and why not put it in the law? >> there is nothing wrong with putting it them in the law, but there is something to attack the religious freedom broadly when the laws protect the little sisters of the poor from being shutdown from the e federal government for not giving out contraception. >> and it is not the same in all state, because in indiana there is no law that protects the gays and lesbians as a protected class. >> in the 20-plus states, it is not being used as the critics say. so it is a protected firestorm. >> and what needed to be protected? >> what the federal government protects and the other states protect, other people following their religion and not crushed by the federal government to be put in prison or

get ready for weekend with warren, as with warren buffett. i and team fox business are heading out to warren buffett's annual shareholder meeting in omaha, nebraska. it starts friday. i will talk planes, trains, automobile. we have matt rozelle. matt rose, bsnf. executive chair and jeff reichert, ceo of berkshire hathaway automotive. she went from paper delivery girl to supermodel. super mogul, kathy ireland, ceo of kathy ireland worldwide. furnishings and rugs. joins us exclusively on fox business to talk about how she went from the run way to the boardroom. that woman has built a $2 billion brand. ashley: wow. liz: about our weekend long coverage coming up on fox business friday. all weekend long. don't miss my exclusive interviews. we cap it all off, ashley, with 8:00 p.m. eastern special prime time monday. ashley: fantastic. very impressive indeed. liz: she -- ashley: all the reasons -- she can throw a newspaper. she has a good arm what you're saying. we're reading news coming down on the apple watch, much anticipated of course rollout of

>> warren buffett. warren buffett has ice cream. >> no wedding cake is the most delicious. >> well you would know. >> i would. >>> up next ace diver attack at the white house. has state department investigators seeing red. because they're russian? details when "the five" returns. if you don't think "hashtag love dad" when you think aarp, then you don't know "aarp". our aarp tek program helps people find better ways to better connect with each other. find more real possibilities at aarp.org/possibilities [ female announcer ] hands were made for talking. feet...tiptoeing. better things than the pain stiffness, and joint damage of moderate to severe rheumatoid arthritis. before you and your rheumatologist decide on a biologic ask if xeljanz is right for you. xeljanz (tofacitinib) is a small pill not an injection or infusion, for adults with moderate to severe ra for whom methotrexate did not work well. xeljanz can relieve ra symptoms, and help stop further joint damage. xeljanz can lower your ability to fi

warren buffett's berkshire hathaway outfit bought a 10% stake in axalta. it does high performance coatings on cars. it fits into the auto theme lately. >> private equity owned. that was interesting. >> those are the ones the readers are hitting. >> i want to jump in earnings season is about to start. how many companies are going to use the ports as an excuse for weak earnings and how relevant should we consider their excuses? >> i think we will see a lot of them. some people have been betting on an earnings recession anyway and if you have this great dog ate my homework excuse right there you can slap on it i will just throw it out there, maybe about at least half of those using shipping through the west coast parts are probably going to blame the ports. >> season gets under way tomorrow. we know what to listen for. one state where pot has been legalized they're trying to avoid a tax surplus going up in smoke. the tax is charged on legal marijuana and has proven to be such a boon it may have to return money to the public thanks to a provision in the state

, warren buffett said i shouldn't make this much more than my assistant and head that fantastic founder yesterday is that i will take a pay cut and pay my employees more. stuart: warren buffett should simply pay himself more salary and then he would pay the same. >> he hasn't given it away he gave it to his own foundation. stuart: he has avoided the estate tax. fee avoided the estate tax by doing that. that is what he has done. are we done? >> when does the stuart varney foundation begin? stuart: no comment. >> with two new ones on the way. stuart: i have a lot of grandchildren. they need it more than i do. check the big board please. i will say this is dead flat. i think i am accurate down 3 points, 18,100 but look at this, netflix. if this isn't the stock of the day i don't know what is. it at a record number of subscribers. i believe it is $4.8 million, up she goes $73, 15%, up on netflix. quick question, tom sullivan would you buy it? tom: no but i love the product. i would not buy the stock. not at this price. stuart: dierdre was acting behind use the we have to keep the camera on

this was one of warren buffett's favorites, has lost about 40% of its value during the last two years. >>> if you thought last week's judgment from the competition commission anywhere europe against google was political, today she is accused russia's gazprom of gouging on prices for natural gas in central and eastern europe that will do nothing to improve relations with russia. guys, back to you. >> simon hobbs, thanks so much with a look at the close in europe. >>> up next, when the apple watch comes out this friday, the thing to look for is how it works with apple pay. so says roger mcnamee up next. sometimes romantic. there were tears in my eyes. and tears in my eyes. and so many little things that we learned were really the biggest things. through it all, we saved and had a retirement plan. and someone who listened and helped us along the way. because we always knew that someday the future would be the present. every someday needs a plan. talk with us about your retirement today. you can't always see them. but it's our job to find them. the answers. the solutions. the innovations.

liz, you're a big warren buffett fan. he said four weeks ago if he could he would buy 200,000 single family residences. this is when the 25-year-olds to 35-year-olds should borrow the money. they are going to. there are millions of them. in the next 12 years we increase the number of 35-year-olds every year for the next 12 years. so what do -- liz: there are names out there who can really best capitalize on this let's get to some that you have pinpointed as the millennial madness names that could do really well because these kids are going to grow up to start using those products. what are they? >> well the first thing is, they're going to get married and have kids. they're going to need an automobile that fits car seats. and so, we own gannett, which owns cars.com and network affiliate television stations, your network included are a spectacular way to advertise automobiles. we do not consider our firm smart enough to figure out which of the 32 automobile manufacturers are worthy of your investment but we want to own bus

>> we have to announce the warren buffett challenge. >> right, right. remind us again about that. >> one of the contests we ran, the theme was for members to select the next company for warren buffett to purchase. companies with large competitive motes and attractive valuations. >> you get a ton. >> we are waiting to see how it wraps up. we have a bunch of high quality names and the plan is to fedex warren the list of winners. maybe he will like that one. >> when do we find out? >> sometime in may. >> good to see you. coming up, three hours left in the trading day. we give your game plan for the second half after this quick break. [announcer:] what if one stalk of broccoli could protect you from cancer? what if one push up could prevent heart disease? [man grunts] one wishful thinking, right? but there is one step you can take to help prevent another serious disease- pneumococcal pneumonia. one dose of the prevnar 13® vaccine can help protect you ... from pneumococcal pneumonia, an illness that can cause coughing, chest pain, difficulty breathing, and

buffett has been at the helm of the company. have a great one and we'll see you next weekend. drivers to your marks... go! it's chaos out there. but the m-class es in your blind spot... pulls you back into your lane... even brakes all by itself. it's almost like it couldn't crash... even if it tried. the 2015 m-class. see your authorized dealer for exceptional offers through mercedes-benz financial services. >> the following is a cnbc prime original. >> it is both legal and lethal. seven pounds of metal and plastic... that fire a bullet at roughly 3,000 feet per second. it's called the ar-15. [ shell casing clinks ] to some, it is a brilliant piece of engineering, a modern sporting rifle, and a symbol of one of america's most basic freedoms. >> thank god for america! >> all: pass the law! >> to others, the ar-15 is an obscenity, an assault weapon with no justifiable place in civilian hands. >> you don't need an ar-15. yo

betty: we can sit on our big pile of cash for he sells i warren buffett a little bit. their big bet is real estate. energy h -- something we did not get a big chance to talk about. joe: absolutely. they keep talking about the idea of not black stone necessarily but opportunities for deals and energy. we will see if it happens. betty: speaking of energy, oil the commodity rise is no crude joke. near the highest this year amid speculation of a slowdown in the u.s. shell will. is that wishful thinking? julie: one of the prices go up, you will see production come back on line. i was speaking to an analyst who said it there are lot of wells on the verge of completion. when prices go back up, they will get completed quickly to get us apply online for you joe: it is funny how people are telling stories about how the price is moving. after the iran deal, people were talking about a down side. it a shot up. betty: you are saying everybody is reaching? joe: yeah. the price moves a people looks for the story to explain. betty: i agree with you. it is a traders market. nobody can

and warren buffett is upping his bet on the u.s. auto industry with his latest investment. buffet took a half billion dollar state in kpalexalta who makes coating in the auto industry. shares about 10% higher $31.11. and analyst upgrade said shares higher of spelunk. rates the data management company and software firm overweighed up from neutral. the recent slide in the stock created better risk reward scenario. shares up 3% to $62.09. so how worried are you about a robot or other technology replacing you at work? >>> the latest cnbc all american economic survey found one in four low income americans live in fear of losing their job to technology in the next five years. katherine is a columnist for the washington post where she focuses on economics and public policy. katherine, always great to see you. i admire your work. i guess we could say here the benefits of technology this is nothing new, this happened before folks, have slowed this time maybe more than ever in the past to capital rather than labor and that's why people especially at the low end scale are as worried a

if you think the commodity is stabilizing and you think sentiment could turn, also remember, warren buffett closed out his entire 40 million share position in the thing. it could be setting up for a sentiment turn. >>> all right. coming up next, we are taking your tweets, so grab your phone, think nice thoughts and tweet us. back after this. when the world moves, futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. all on thinkorswim. from td ameritrade. time and sales data. split second stats. it's so close to the options floor. you'll bust your brain-box. all on thinkorswim. from td ameritrade >>> let's take a tweet, shall we? frank asks, "is mike still short celg april 115 puts?" mike? >> we've got expiration rapidly approaching on those puts, so i'm still comfortable being short puts, but those ones are about to expire, so one of the things you could consider doolidoing is actually rolling out to july, same strike, could collect 6 bucks. >> claudia asks "with the move in ge, would you tr

warren buffett is buying into another industrial company. berkshire hathaway agreed to buy $560 million worth of stock in axalta coating systems. berkshire already owns related businesses including benjamin moore paint. we are under 30 minutes away from the start of trading. let's caught -- let's count you down to the open with the top headlines hitting our radar. joining me michael wolf, activate founder. bloomberg's olivia sterns, here with me also. the canadian government is cashing in on general motors. it is selling its final stake in gm. the country's prime minister looks for new funding to both balance the budget and cut taxes. olivia: i wonder to what extent his hand was forced because canada is facing falling tax revenues because of the price of oil. michael: it is not just about what is happening in canada. it is also what is happening with gm. matt: you think this is a top for general motors stock? michael: the refresh cycle on auto has been completed. matt: that would be depressing for the entire industry. olivia: 17 million, tha

the secret millionaires club that you have with warren buffett, i know it started off as a show but you are now going into products. you're launching in september? andy: the products will be out in september. everything we do starts with entertainment. the entertainment promote the brand and creates awareness. back beyond digital platforms broadcast platforms, games, any number of ways. the awareness stimulates the appetite for the products. the products can be books, music, video games, figures -- betty: how involved is buffet in the products? andy: we propose doing something that promoted financial literacy for kids. he saw it as a valuable, if i can say legacy item. warren helped us create the curriculum, the lessons the kids learn. he gives notes. he does his own voices and every cartoon. he has been hands on from the beginning. betty: we will have to get an update when you launch these products. thank you for joining us. ceo of genius brands international. gary barnett of extell development talks exclusively with us about building the tallest residential skyscraper in the northern

well the bailout was of the big banks for warren buffett. he invested low. he threw a lot of money into goldman sachs, and you know what? if goldman sachs had actually -- the thing i still don't understand and again i don't think it's a republican issue or a democratic issue. i think it's wrong that we as a nation preach the greatness of capitalism to single mothers, and we practice socialism with the biggest banks, and that's what we did and warren buffett made billions of dollars off of that. >> what has sitting by gotten us? i'll tell you. it's gotten more kids mired in debt. i started the student loan fight over a year ago. and do you know what's happened in the last year? more than a million new kids are now in trouble on their student loans. >> unbelievable. >> there is an additional $100 billion in student loan debt since this fight started. so should we get amped up on this? should we be fighting back? you bet we should. >> exactly. and sitting by for women has gotten us less opportunity and the less pay. elizabeth warren the book "a