and 2nd on the warren buffett is a very legendary investor. he tends to, on invest in grade businesses that are currently trailing on for a lower price than our, their true value. so are all those situations tend to prove that she is in see, look more trustworthy and profitable in the long term? a sarah semiconductors are probably the most crucial products in the years china true to dispute? why is the united states so keen to stop china going hold of michael trips from the earth and its allies like taiwan? i or probably too many reasons for this. the 1st one is because the military competition between the u. s. and china, as a lot of people know allied, have like, and jet fighters, marseilles in also some battleships need these powerful micro chips in order to work. so the u. s. as probably are trying to prevent china from getting these cutting age micro trips to strengthen is military power. and secondly, is probably because of the economy. ah, and as you know, a lot of inter tree rely on semiconductors in these chips. so the u. s. is very l

warren buffett could. how was it doing? andrew: its volumes are down for coal and other commodities it carries and automobiles but it's pricing is up, passing on higher costs for diesel fuel, labor costs are going up. its profitability is down at revenue was up so it is squeezed like many other companies in the country by higher costs. carleton: berkshire is heavily invested in energy. what about occidental and jenner on? andrew: his biggest investment in the energy sector, he about $20 billion of chevron, $15 billion of occidental petroleum, people ask do you think it is wrong to invest in the energy sector because of its drawing climate change, he says no, chevron is not an evil company. he is comfortable, the energy sector has been the best in the market this year. jack: one of the worst sectors in the market, but one of the better stocks, apple is in a big position for berkshire. what do you make of that? andrew: buffett has big game and apple, a $30 billion position, 40% of the investment portfolio. in a couple years,

now millionaire investor warren buffett is betting big on semiconductors and microchips. mr. buffett's berkshire hathaway confirmed it, had taken a $4100000000.00 stake and t as m. c. the time when his company is one of the largest chip makers in the world supplying an estimated 90 percent of the world's super advanced computer chips for tech joins like apple and qualcomm for more. let's bring in that the w correspond. and sarah lee and ty pay a sarah warren buffett investment firm does not normally make big technology bets, but it often does prefer companies are perceived to have a competitive edge. what does this investment mean than 40 s m. c. okay, so it's definitely great news for a t as and see and is shareholders. so after the news came out, the share price of tiers n c a d r roles by over a 10 percent and he has n z o. so told a local media that called it welcome, all investors who wish to buy in how is shares in the long term, unquote. and they also boost confidence in tiers and sees prospects. so some expert pointed out that is not very common for warren buffett

warren buffett's berkshire hathaway takes a stake in taiwan semi conductor. what is next for the crypto market and could the crisis lead to regulation? on "barron's roundtable," ben levisohn, carleton english and jack hough. that president bullard used the number 7 is in 7%. i expected stocks to plummet but not so much. >> the dow finished down 3 points. the kind of statement we've seen a huge reaction from the market on but not this time. that assign the stock market is starting to tune out the fed. it knows that rates are going up. there are signs the market shifted away from rate hikes as the driving force of the market to looking at credit spreads, the difference between treasuries and junk bonds or other corporate bonds, a sign the market is working out the recession. as long as those spreads rain narrow the markets will do okay because recession is not coming. we could have a problem. jack: is there a data point that could refocus the markets attention? ben: we have to look at the cpi in november and after that the december fed meeting. those will be th

. >>> pulling back the curtain on the biggest money managers we are digging into the stocks of warren buffett. >>> and the former president expected to announce his 2024 bid for the white house as he faces another midterm defeat and the gop looks to move past him it is tuesday, november 15th you are watching "worldwide exchange" on cnbc. >>> welcome back i'm seema mody in for brian sullivan let's get to the markets stocks closing lower yesterday futures are indicating a higher open with dow up 154 points. s&p higher by 30 nasdaq is higher by 132. we are waiting on the production price index. in the bond market, yields moving lower 10-year treasury now sitting at 3.8% let's hit oil. facing pressure as of late over rising covid cases in china. wti crude is down 1% at $84. brent crude holding above $90 a barrel at $92. >>> let's get to the movers and money managers with silvana henao with the 13f >> regulatory filings overnight from the world's top investors and hedge funds shedding light on the biggest positions at the end of the third quarter warren buffett's berkshire hathaway buildin

i think warren buffett agrees with me. warren buffett maintaining his position with american express and bank of america. it's out performing the market year to date, and i think in 2023, any form of a modest recovery is going to benefit the management unit, and i think that trading activity, there has been a significant improvement in the intellectual capital that resides itself in that trading unit at bank of america, and that has been fully represented in those earnings over the prior course >> they look at a gain, too, and i get that it's down 25% from its 52-week high, and it's up in more than a month. >> i would rather own bank of america right now than some of the technology names we talked about. >> all right weiss, bank of america has long been yours >> yep i know what you are rooking for me to say, saying warren buffett owns it, and that's okay, and of course i was kidding with that and it's more of a client-friendly bank in terms of corporate clients and wealth management clients than jb morgan, and they are bot

buffett is placing a big bet on japan with berkshire hathaway, expanding its stake in the countries a 5 top trading firms. in the mitsubishi and zooey are a chair now on 6 percent of each and plans on buying up to 10 percent. twitter owner, ilan mosque has ended his platforms been a former u. s. president donald trump, but trump has not yet tweeted. experts say he might have contractual obligations to stay exclusively on his own platform to throttle to satisfy investors. there. a disney has asked ousted chief executive bob to traffic and brings her former c o . bob eager under even leadership and disney acquired, exert marvel and lucas film over the past 2 years. under his successors reading the company got in more turbulent waters with the chairs up dropping by 40 percent. john allen's is international editor at broadcast magazine, which specializes in the media industry. let's what shot back. why was the alice did? hi janelle, well i did. the news came as a shock to most people who are in the entertainment business. it doesn't really give an indication the, the release sent by dis

yeah, well, he was considered right, an up and coming star, the next warren buffett. so considered a fall from grace for some but now his wealth, $16000000000.00 at its height now drop to 0. so it's a pretty serious drop. he's only 30 years old, right? considered a trail brit blazer, bringing a traditional finance and crypto together, including talking to our lawmakers, regulators trying to steer the regulation of the crypto industry, which has been considered a wild west. now we are looking at these, this bankruptcy his resignation, as well as the scc, reportedly investigating him for potential misdeeds. so this might be the ent. okay. while sticking with tech billionaires for a 2nd, eli mosque has told twitter employees that the company might go bankrupt. how likely is that to happen just a few short days after his take over? yeah, this is the culmination right of a couple weeks of chaos after the takeover of elan mice. and now we're here in these reports, right, that there could be a bankruptcy now. advertising is definitely central to this potential bankruptcy. tw

warren buffett takes a $5 billion stake in chipmaker tsmc. let's take a look at the futures as the positive catalysts from china coming through. using china-u.s. relations at the back of that meeting, easing restrictions around covid and the support for the property sector. u.s. futures looking at gains of 0.5% today. we are looking at energy providers on the back of the news that the chancellor may be looking at a windfall tax in the u.k. three straight days of gains across european equities when you build on that, following the catalysts out of china, commentary from the vice chair of the fed, lael brainard, saying there might be a moment to consider reducing the rate or at least the size of the rate increases. the market saying 50 basis points from the fed in december. decent gains in the first few seconds in germany. in the u.k., down by 0.5%. the spanish ibex currently range bound. let's look at how the rest of the assets are playing out. dollar weakness is a catalyst for the risk on moves. you are 6% lower on the dollar, the bloomberg d

warren buffett takes a $5 billion stake in chipmaker tsmc. we will get more into the details of that in a moment with charlie wells, but that with a continued china rally means euphoria in chinese tech markets. the most beat up stocks are turning around. hstech, it's rally has stacked up today percent. we just heard from mark cudmore, who says these things are so beaten up, it makes sense to buy. this is a turn in the narrative. msc i'm a pacific -- msci asia-pacific still has a way to go from the highs. asian tech is down about 65% so a lot of dying could be done. jp morgan says hedge funds have room to snap up more shares, so perhaps the cpi reform you can continue a bit in american equities. the european futures session not as strong, 2/10 of 1%. the cross asset story does feel more dominated by inflation, by fed speak. the u.s. 10 year yield up about one basis point. this after brainerd said yesterday we still have a ways to go, curb your enthusiasm. we were seeing the dollar rally, after that, it came off of that a little bit. opec-plus

. >>> welcome back berkshire of a the way, and that is warren buffett's, and the polio is focused on five names weiss, you got the first crack at this. down 3% year to date, relative to an s&p that is down a lot more than that what do you make of these choices in a very concentrated portfolio in different sectors, tech, finance, consumer, staples, energy. >> well, he's on record and i agree with him, that diversity is the enemy of performance. he has unique access to managements, and make your bets. i am not going to take issue with any of them they are all quality names >> you wouldn't bounce any of these? >> sorry >> you wouldn't bounce any of these? >> would i bounce any of them? american express is less competitive with the others -- with the other credit card companies, and has seen some moderations there to their franchise. chevron, no, i sold it too early. coca-cola, and you are not going to get rich off coke and it's going to be steady eddy, which is what you look for, and you have to believe that coca-cola will take a major hit, and so just a tax hit alone will be, you know,

, and you always want to be careful when they say "the next warren buffett." fortune magazine putting him on the cover he's 30 years old, he has become a billionaire, but give me your assessment as somebody who did really well in bitcoin. this can't cast a very positive light on cryptocurrency when something like this can go so close to going under in just a matter of 72 hours. >> right. this is definitely not a positive development for the industry but as perrianne said, i think it is good for us in the long term. this is a natural cycle of shaking out the weaker hands that didn't manage all the things that she stated, but definitely not a good day and but i also think this is an aftershock of what we saw happen with tera luna, and a number of the businesses that imploded in the previous cycle. this is still connected to all of that. he picked up a lot of debt trying to save these failing businesses and as he was reaching to pull people out of the quicksand, it appears he may have gotten pulled in himself. liz: perrianne right before we go, yes or no. does th

taiwan semi >> it goes beyond warren buffett's bet. there are other hedge funds going out taking small positions in invid you so i think looking at the semiindustry, i think it's idiosyncratic at this point. it's finding opportunities in individual stocks. you mentioned the beta on nvidia i just wasn't comfortable with it it's 2.23. microchip, 1.56. kal corp, another name i think you could own here, much lower to a certain extent broad comanother name. so i think you have to look at these specific companies and say, okay, where exactly can we mine for individual opportunity in the sector that's seen significant deterioration? >> qualm comwas one of those that ou performed, 150 nxp with a neutral 195 on the side lines they say until visibility improves. >> yes, so there's a lot in what you just said and a lot in what you two just talked about. this is cyclical industry, so it's a question where are we in the cycle. when i read the note on qualcomm i heard them, say, it's the most exposed to cellphones. which we know is in the dump right

gerry: we can see potential problems but the warren buffett quote about him swimming naked and we seen issues with liquidity and treasury market, are we at risk of a financial accident if the economy does we can end the fed pushes up interest rates? >> the highest risk right now is one 100% what austan said, the u.s. is increasing just rates so much, is putting pressure on foreign governments and you are saying things like turkey where inflation rates about one 100% so what happens historically when you get this disequilibrium was out of whack with everybody else, all of a sudden turkey, but i don't want to say it will be them, they show up at an auction and borrow money to pay the guys back from asher and everybody says every country like them i want to buy their debt either and then you can get into something like the asian crisis which can spin out of control so the risk of that is high. gerry: we started with the price of turkey and finishing with turkey so there you go. that's it for us this week. we'll be back next again next time. ♪ >> "barron's roundtable" sponsored by global

folks, coming up i give you my takeaway on the next warren buffett. as you can see a few of them have gone down in flames. big tech getting slammed. sarah kuntz here on the changing of the gourd in the vc world, the tech world and maybe your portfolio next. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-763-2763. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income an

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he was likened to the next warren buffett and yet warren buffett himself said this industry, cryptocurrency is worthily and attracts charlotteens. >> steve: the thing about the crypt tow market right now it's so tightly regulated so anytime somebody gives a bunch of dough to lawmakers you just wonder why. >> well, it was pretty obvious why. i mean sam bankman-fried was giving money in particular to very pro crypto democrats like kirsten gillibrand in new york. he was behind legislation that was being dropped and that was supposedly going to regulate crypto to keep the sec out of it. so while he portrayed himself and was portrayed as this so-called effective al trueist who was going to give away all his money and supposedly going to give a billion dollars to the democrats for 2024, really a lot of this money just served his own purposes. he went to the white house several times this year and met with various people until the biden administration. this was all about not regulating crypto, probably, and the result, as we see, is this unregulated market has collapsed. a lot of people have lost

jack: warren buffett says you are lucky they don't price housing every day or look at the price of today's house, but still people are wondering when will the house start going up in value again? ben: i don't think it will go down a ton but it will take a while to go up again. the rates have been so big, so many people bought houses during the pandemic, you don't have a lot of people wanting to move, not a lot of supply. it will take a long time for this to work out and at some point it will come up again. jack: is it better to rent or to buy right now? ben: you want to look at the affordability, what kind of flex ability you need. jack: making lemonade out of lemons, people have an opportunity for tax break that they should seize. carleton: you are trying to book losses in your portfolio to offset future gains in your portfolio because we hope future years will be better than 2022 has been. it is likely given the selloff we've seen in markets that many people booked those losses but it is time to take advantage of the opportunity. jack: don't say i will hang on until by breakeven. even if

case in point, a name like occidental petroleum, a favorite of warren buffett, up about 3% on the day. in the drug sector, it has been a big mover higher on a busy deal day for that company. the shares up 14.5 percent. a mixed story in technology right now. so bring headlines within the tech sector on layoffs and obviously, reports of action coming at facebook's parent, meta, have been well received on the street. the road ahead for china and the covid zero reality, which is obviously impacting apple. they had that statement yesterday on iphone production being impacted by that and the big stock obviously under pressure right now, off about 1%. kriti: certainly something we can see move quite a bit in the coming days. the u.s. midterm elections are clearly coming into focus, completely a potential game changer for the investment case across wall street. something the bloomberg mliv pull survey really -- poll survey really dug into. here's how some of them responded. >> after the midterms, in the next six month period of time, it tends to be the best season for equity markets. >> you d

correspondent: fried was once known as the king of crypto, compared to investment magnate warren buffett. ftx, the second-biggest cryptocurrency exchange of the world. now it is unraveling in dramatic fashion. the super bowl advertisement encourage customers to exchange traditional money for bitcoin and thousands of other digital tokens. it has been a tumultuous year for cryptocurrencies. going and all of her tokens have consistently lost value, plunging crypto companies and investors into financial trouble. ftx looks to be strong, but company finances were revealed to be fragile. panicked customers cashed out so fast the company halted withdrals and is in danger of collapse. social media channels are awash with concerned ftx customers who could lose hundreds, it may be thousands of pounds if the company goes under. no one wants to talk on camera, but we did speak to an investor who could lose 85% of its cryptocurrency savings. >> obviously it is an emotional time, so i will not make any decisions. if ftx can do what they did, nowhere is safe. crypto might be done because of this. corres

buffett by fbes magazine. now, he has been dropped as ceo, and the company is looking to try to find ways to pay back its customers. >> that was our cyber reporter with the lt. president biden has made his address at the cop 27 climate summit in arm el-sheikh. he said he was confident that the world with young people leading the way could limit rises in global temperatures. mr. biden also apologized for the u.s. pulling out of the paris climate agreement while donald trump was president. this is what he had to say. president biden: we are proving that good climate policy is good economic policy. it is a strong foundation for durable, resilnt, inclusive economic growth. there is driving progress in the private sector. it is driving progress around the world. the sum total of the actions my administration is taking puts the united states on track to achieve our paris agreement goal of reducing emissions 50% to 52% below 2020 levels by 2030. >> that was president biden speaking earlier today at sharm el-sheikh. p

people like warren buffett want high premiums. why? they're selling premium, life insurance, car insurance, all that kind of stuff. when premiums are low that is good for an investor or person that wants to protect. i like the strategy, buying when the volatility gets cheap. charles: by the way i think you like casinos with exposure to macau for the sim reason i guess? >> china is opening up. that is the way i like it. this new inhalable covid seen to pass out in china. if you have to do that to get into the casino people will do it. that stock is up 80%. charles: if you take a bus from midtown to atlantic city you bill do the inhaler. >> definitely yes. charles: thanks a lot, jon. >> thanks, charles. charles: one of the reasons everyone has communications or i should saymy communications so-called fed whisperer, nick timiraos from "the wall street journal," you remember couple weeks ago there was a stepdown article. recently on sunday, maybe the fed has to get aggressive because there is too much money out there. yesterday the white h

what forced warren buffett to work hard with forced this guy to work hard, not handling them a check. you cannot appreciate something fundamentally that you get for free. in magnolia, distrust it, providing a guaranteed income to low income african american women and their families at the magnolia. my distress, it's doing this in the form of a $1000.00 a month for 12 months. i am so excited. it's like my 2nd shell in the matter of my at 20th and 2018 in magnolia. mother's trust is one of velma. it is taking a population that worked so hard to be seen on a daily basis and really saying we see you, we honor your stories, we believe in you and we trust that you know what it is that you need for your family. now there will be all tremendous break for gay is to support my kids. oh, tell me pay bills and hell know for straight from month to month with where my mom was in of the obvious relationship. i day it was very, very for my mom. so when i got my relationship marliss, you was abusive and i was like, i would never ever put my key in jeopardy. oh. or in a relationship that i mean is not

buffett to work hard with forced this guy to work hard, not handling them a check. you cannot appreciate something fundamentally that you get for free. with magnolia mothers trust it, providing a guaranteed income to low income african american women and their families. the magnolia, my distress, it's doing this in the form of a $1000.00 a month for 12 months. i am so excited. it's like my 2nd shall in the matter of months i had to g as in 2018 in that know your mother's trust is one of them. it is taking a population that worked so hard to be seen on a daily basis. and really saying, we see, we honor your stories, we believe in you and we trust that you know what it is that you need for your family. now with there will be all tremendous break for gay is so support my key it's ah, tell me pay bills and hell know to stretch from month to month with where my mom will in of the obvious relationship. i day it was very there of my mom. so when i got to from our relationship, marlexia was abusive and i was like, i would never ever put my key. it's in jeopardy of or in a r

buffett to work hard with forced this guy to work hard not and leave them a check. you cannot appreciate something fundamentally that you get for free. with magnolia, the stress if providing a guaranteed in time to low income african american women in their family. so the med, no, you my distress, it's doing this in the form of a $1000.00 a month for 12 months. i am so excited. it's like my 2nd shall in the matter of months, i had to give the 2018 in that no you mother's trust is the one of them. it is taking a population that worked so hard to be seen on a daily basis. and really saying we see, we honor your story, it's we believe in you and we trust that you know what it is that you need for your family now. you mm. there will be all tremendous, great for gay is to support my kids. oh, tell me. pay bills and hell know if to straight from month to month with where mama will in of the obvious relationship. my day was very, very small. so when i got them, i will, i, she'll marliss, you was abusive and i was like, i would never, ever put my key in jeopardy. oh. or in