Yahoo Finance will host a forum on business opportunities between China and the United States here Friday during the annual shareholders' meeting of Berkshire Hathaway Inc., according to a pre-event notice issued by Yahoo. The Dow is down 500 points.
Munger said a trade agreement that includes some tariffs and both sides feeling somewhat disappointed would be a good thing.
Buffett says Trump is making a "nuclear threat" that may bring the Chinese to the table.
"You're talking about two personalities who are very much used to getting their way in politics, and talking about how they will be perceived in their own country in terms of their behaviour", Buffett said.
Warren Buffett's company reported a almost $23 billion leap from the newspaper value of its holdings on its first quarter revenue because of a significant swing.
Uber now expects to price its IPO on Thursday and begin trading on the New York Stock Exchange the following day, Reuters explained.
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He then added, with a laugh: "I can try with another English club". 'Maybe it would be a wonder if Frankfurt would get to the Europa League final, if we could make that.
EPL: Ajax star takes decision on joining Man United
De Ligt can play in any team. "Matthijs will become the best defender in the world", is what the source told them. And the main reason for him being so dismissive is because United are no longer the big sell they used to be.
Iran threatens to begin enriching stores of uranium
European backers of the deal have been trying to salvage the agreement, but Tehran has complained that the process was too slow. Geng said China " calls on all parties concerned to exercise restraint" and avoid escalating tensions.
Mr Buffett said 3G's management, which is responsible for the day-to-day running of the food company, was doing well operationally.
Buffett and Munger also offered support for Wells Fargo, in which Berkshire owns a stake of about 10 percent.
The investment is a "bet on the fact that the Permian Basin is what it is cracked up to be", the 88-year-old CEO said.
"I have the feeling it was a mistake", he said of the UK's vote to leave.
"We now believe that it is more likely than not that the income tax benefits that we recognized are not valid", and took the charge for "uncertain tax positions" related to its investments, Berkshire said. It also owns more than 90 companies including energy and utility companies, Geico auto insurance and Dairy Queen ice cream.
While Apple's iPhone revenue fell 17 percent year over year, the company has seen major growth from other services, such as subscriptions to Apple Music and iCloud as well as AirPods and Apple Watches.