Warren Buffett defends Kraft, says Wells Fargo made 'big mistakes'


Berkshire Hathaway's CEO calls himself an "idiot" for not buying shares of the online retailer in the past.

Thousands of Berkshire Hathaway shareholders return to Omaha every year to learn from Warren Buffett and celebrate the company he built through acquisitions and investments.

Buffett's Berkshire Hathaway empire, of which Munger is vice president, recently took a stake in Amazon and has a $40 billion stake in Apple, but has generally steered clear of the technology sector.

Trump on McGahn Testifying Before Congress: 'It's Done'
According to relevant law, the letter said, Mueller should have rendered a judgment on whether to prosecute or not to prosecute. And I can not stand by and watch that happen", Biden said last week. "Congress shouldn't be looking anymore.

Mr Buffett said 3G's management, which is responsible for the day-to-day running of the food company, was doing well operationally.

Buffett also maintained that "we paid too much" for Kraft Heinz, which was created in a 2015 merger between Kraft Foods and H.J. Heinz, which Berkshire and Brazil's 3G Capital controlled.

Warren Buffett, the CEO and chairman of the Berkshire Hathaway, doesn't think the US political system is shifting toward socialism anytime soon, despite a progressive push from some Democrats. The shareholder meeting is Saturday.

Pelosi Accuses Barr of Lying to Congress in April Testimony
But they are trying to build a case in public opinion that it's Mueller, not Barr, who needs to tell the investigation story. Barr skipped a House hearing on Thursday after a disagreement with the House Judiciary Committee over questioning.

The veteran USA investor said he would like to make more of a name for his firm, Berkshire Hathaway, in the United Kingdom and in Europe. At the same time, Berkshire wrote down the value of its stake by $3bn.

His words seemed to lift shares of Amazon, which rose to $1,964.38 in afternoon trading Friday, its high for the year. "I hope [Buffett] lives forever, but that's probably not a good bet".

Donald Trump sues bank to block subpoenas; Rosenstein quits
Schumer said they began with a lower number but that Trump was "eager to push it up to $2 trillion". I want to know what - you know, how many beers Tiffany had on a Friday afternoon in Georgetown.