'I blew it': Warren Buffett laments missing out on Google

As always, the topics were as varied as the answers were colorful. Berkshire is also the top shareholder at Delta, No. 2 at Southwest and No. 3 at American.

Image Source: The Motley Fool. And the only way to keep it out is to be very tough on it all the time. Right now, the funds from AIG are earning "peanuts" for Berkshire, but there is potential for better returns, he said.

Unfortunately, good opportunities are getting more hard to find.

"Berkshire in fact ended March with more than $96 billion of cash and cash-like instruments, and Vice chair Charlie Munger said it could do a "$US150 billion" acquisition now if it wanted.

Buffett said India is a huge and enormous market for anyone to ignore.

At Berkshire's shareholder meeting Saturday, Buffett was asked about the challenges of replacing Ajit Jain because Buffett has heaped praise on Jain for years.

"It was bad enough having a bad system", Buffett said, building on his prior remarks about the bank.

Buffett, speaking to a crowd of tens of thousands in Omaha, said the cost of health care hurts businesses way more than corporate taxes.

The Trump administration's healthcare bill would repeal most of the taxes that paid for Obamacare, which is formally known as the Affordable Care Act.

Russia's Defense ministry denies fighting of Syrian government and opposition units
He told dpa shortly after the agreement went into effect: "Previous agreements were violated, let us see if this holds". The largest safe zone includes Syria's Idlib Province and adjoining districts of Hama, Aleppo, and Latakia provinces.

Investor Warren Buffett says Wells Fargo made a huge error in failing to respond promptly to its sales practices scandal. But their financial management was equally brilliant, particularly in recent years as the company's financial flexibility improved.

I'll be taking a look primarily at the "Buffett factor" and why buying into Apple may still be a good idea, even at current elevated levels. Previously, Buffett has referred to an investment in an S&P 500 index fund as a bet on American business, which is nearly certain to do well over long periods of time. Buffett added that the costs "will go up a lot more". Railroads are a lower-cost option than other methods of transporting freight (such as trucks), and have lower operational expenses.

Warren Buffett is quietly installing a new set of leaders throughout Berkshire Hathaway Inc. At MiTek, Mark Thom took over as CEO while former CEO Tom Manenti became executive chairman and continues to report to Mr. Buffett.

As we know now, Wells' incentive structure was the big problem.

Berkshire is Wells Fargo's biggest shareholder and didn't sell any of its shares after the scandal. "If so, it was a bigger mistake by far". "The main problem was they didn't act when they learned about it", he said of Well Fargo.

Buffett said on CNBC that the bloody removal of a 69-year-old passenger from a plane was obviously "a awful mistake".

The April 9 episode caught on video showed David Dao, a doctor, being pulled from a United seat to make way for a crew member, resulting in a broken nose and concussion.

Buffett has led Berkshire since 1965.

Related News:

  • IS kills 2 in attack on Iraqi Kurdish base

    Still, even defeat in Mosul would still leave IS in control of swathes of Syria and Iraqi territory near the Syrian border. The Islamic State group in a statement later Sunday claimed responsibility for the attack.

    Sharapova to learn French Open fate on May 16

    But Sharapova fought back with a break of her own and also had some nice shots, like the one below, to fight back into the match. This what I have done for so long, and when you're in the moment and you try and block everything out.

    Zinke questions using monument status to save sacred land

    Interior Secretary Ryan Zinke's visit to the Bears Ears National Monument has sparked new tensions. (AP Photo/Rick Bowmer, File). The president signed an executive order to review the use of the Antiquities Act, used to create national monuments.
  • Several Deaths And Injuries Ensue After Heavy Flooding And Tornados Strike Texas

    Several Deaths And Injuries Ensue After Heavy Flooding And Tornados Strike Texas

    At least ten other people have died as a result of flooding or strong winds in Oklahoma, Missouri , Arkansas and Indiana. The National Weather Service found evidence of four tornadoes with one twister possibly on the ground for 50 miles.

    Durant, Warriors push Jazz to brink of elimination

    He didn't travel to Salt Lake City and has been out since Game 3 of the first-round series against the Portland Trail Blazers. It seized the lead for the first time in the series when it went up 48-47 in the second period, and led 50-49 at half-time.
    Sergei Lavrov, Russian foreign minister, jokes about Comey firing

    Sergei Lavrov, Russian foreign minister, jokes about Comey firing

    Trump underscored "the need for Russian Federation to rein in the Assad regime, Iran and Iranian proxies", the White House said. President Donald Trump and Secretary of State Rex Tillerson each met with Russian Foreign Minister Sergey Lavrov on Wednesday.
  • Juventus beats Monaco 2-1 to reach Champions League final

    Gonzalo Higuain burst into the area and chipped Monaco goalkeeper Danijel Subasic, but defender Kamil Glik hooked the ball clear. Radamel Falcao then blasted over the crossbar two minutes later.

    Belgium worldwide wasn't surprised by Emre Can's wonder-goal for Liverpool

    He'd had a calf problem (earlier this season) but we simply couldn't leave him out. "We defended well I think". It means we are fighting for something.
    Senate Dems ask GOP to drop their plan to repeal 'Obamacare'

    Senate Dems ask GOP to drop their plan to repeal 'Obamacare'

    But, the author adds, experts "almost all agreed that expanded health coverage played a major role in the marked, recent decline". Donald Trump was in a jubilant mood last week after House Republicans passed a bill to overhaul the nation's healthcare system.
  • Swansea boss Clement: Fantastic win for us

    Swansea boss Clement: Fantastic win for us

    Hull's remaining two games are at Crystal Palace - who can still be overhauled by the Tigers and Swansea - and at home to Tottenham.
    Mud in your eye: Always Dreaming wins Kentucky Derby in slop

    Mud in your eye: Always Dreaming wins Kentucky Derby in slop

    The colt was bought as a yearling by Bonomo for $350,000 at the Keeneland September sale and Viola later joined the partnership. He and Viola were childhood friends growing up in Brooklyn. "They would ask me how old I was", Bonomo said of when he was 15.
    1 arrested after brawl aboard Southwest Airlines plane in California

    1 arrested after brawl aboard Southwest Airlines plane in California

    Southwest Airlines expressed gratitude to their employees for reacting quickly and keeping the incident from getting worse. This one happened aboard a Southwest plane shortly after it landed in Burbank, California.


Most liked

Congress Passes Stopgap Measure To Fund Government, Averting Shutdown
What should have occurred is after the election, to approve an appropriations bill for the entire fiscal year like we normally do. The No 2 House Democrat, Steny Hoyer of Maryland, said he would oppose any more temporary spending bills for this year.

Bookmakers install Maria Sharapova as joint-favourite at French Open
She initially was given a two-year ban by the International Tennis Federation, but it was reduced on appeal to 15 months. This was a far more polished, confident display from Sharapova , who hit nine aces and 29 winners against Makarova.

Turkish official: US arming Kurds 'unacceptable'
President Donald Trump, who approved the arms supply to support a campaign to retake the Syrian city of Raqqa from Islamic State. MHP general secretary Ismet Buyukataman said: "This decision is a clear threat and without a doubt a sign of enmity".

Plea for year of free Wendy's chicken nuggets becomes most retweeted ever
And Wendy's pledged to donate $100,000 to the Dave Thomas Foundation for Adoption if Wilkerson's tweet broke the record. Carter Wilkerson , 16, reached 3.441 million retweets on Tuesday morning to pass DeGeneres' record of 3.430 million.

Recent rout of Real Madrid boosts Atletico's hopes
His shot was saved by Jan Oblak, but Isco pounced on the rebound to stab the ball home. BST), and can be watched online through free live stream (details below).

Jammu and Kashmir: Pakistan violates ceasefire in Mankot area in Poonch
Ceasefire violation by Pakistan in Mendhar's Mankote area in early morning hours of the day, intermittent firing still continuing. Speculative fire is normally used to check movement of suspicious persons along the border.

18 frat members, frat, charged in Penn State student's death
But in the midst of all this, come criminal charges against 18 fraternity members and the fraternity, itself for a hazing death. It was stated that Piazza fell multiple times during the night but none of the frat members contacted emergency services.

Swansea out of bottom three with crucial Everton victory
But after winning seven of his 18 games in charge he reckons keeping Swansea up will be the biggest achievement of his career. Bournemouth can look forward to a third season in the league with this draw, clinched by a contentiously awarded equalizer.

South Korea elects liberal president
The composed manner in which Moon took care of Roh's funeral process earned him the nickname "Roh's Last Standing Chief of Staff". Moon was born during the Korean War on January 24, 1953, to parents who had fled from North Korea to the South in December 1950.

Chaos at Florida airport after Spirit flights canceled
Following the cancellations, a fight erupted near the Spirit counter in Fort Lauderdale-Hollywood International Airport. Problems began last month with cellphone video capturing a passenger being dragged off a United Airlines flight.

With book, Ivanka Trump must walk complicated ethical line
After growing up in the public eye, Ivanka wanted to make a name for herself on her own and meant to do so by becoming a model. Ivanka's focus on gender equality was influenced by Sheryl Sandberg and Lean In . "Women who work are real", she writes.

Mourinho mulls United changes at Arsenal
It would be great to close the circle and say "we are a club that has won every competition in the football world". "He loves it. To get to the final we have to play just as well at Old Trafford in the second leg because they always score away.

American journalist asked to leave 'Kushner family event' in China
Saturday's event was hosted by Qiaowai, a Chinese company seeking funding for the Kushner 1 project in New Jersey. President Trump has made visa reform a central piece of its promised changes to immigration policy.

Gurpreet Singh Ghuggi quits AAP after Mann made Punjab chief
I had also said that his selection would have helped clear the doubts that the party works for a particular community", he said. He said he had been defending the various indiscretions of Mann in public", a party source had told the Indian Express .

Syria says Israel attacked Hezbollah arms depot near Damascus airport
The strike came just days after Al Jazeera reported that the IDF struck a base belonging to a pro-Syrian militia near Quneitra. The Syrian source further claimed that the early morning strike near Damascus had been launched from Israel's Golan Heights.