Buffett calls health bill a giveaway to wealthy

Buffett also explained that, in his view, Berkshire's investment in Apple - despite his noted aversion to investing in technology companies - was more a bet on a highly successful peddler of consumer electronics than a wager on technology per se. Buffett said he was happy to gather more money that can be used for takeovers and stock picks.

"I'm very pessimistic on weapons of mass destruction generally although I don't think that nuclear probably is quite as likely as either primarily biological and maybe cyber", Buffett said during Berkshire Hathaway's annual shareholders' meeting on Saturday.

He said the board would consider a buyback if it were in the best interest of shareholders, and that the next CEO would have to be a capital allocator.

He said the current 35 percent corporate tax rate was "not much" of a competitive disadvantage for USA companies, despite Trump's push to slash it to 15 percent.

"We'll do well by getting US$10.2 billion (RM44.16 billion) today, with a maximum payout of US$20 billion" between "now and Judgement Day", Buffett said.

Several questions homed in on politics, and Buffett, a Democrat with close ties to former President Barack Obama, offered measured criticism of President Donald Trump's policies.

While Munoz "apologized many times", his first response could have been a bit more proactive than just a simple apology, as "your first reaction is going to get a lot of attention", Buffett said.

Читайте также: Seahawks' interest in Colin Kaepernick reportedly 'legit'

And if Berkshire does decide to pay dividends, it would have to commit to maintaining that payout over time, Buffett said, as cutting it could have disastrous consequences for the company's share price.

Buffett plans to play bridge with shareholders at Borsheims.

He said it may have been harder to single people out because "we have never had more good managers".

"Bonds are a bad choice against stocks", he said.

And on his surprise change of heart about IBM, Buffett admitted he was wrong to think IIBM "could do better" when he started amassing 81 million shares six years ago.

Apple has ticked all of Mr. Buffett's boxes of late, and with an iconic brand and ever-improving product portfolio, Berkshire Hathaway Inc.

"I was impressed with Jeff early".

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Related:

  • Trump Shared Secret Info About IS With Russians

    Trump Shared Secret Info About IS With Russians

    But a photographer from Russian state-media Tass attended the meeting and took photos of a laughing Trump with Lavrov and Kislyak. The Republican head of the Senate Foreign Relations Committee, Bob Corker, called the allegations "very, very troubling" if true.

    Abbas to Trump: Peace agreement must be based on two-state solution

    But mutual distrust between Palestinians and Israelis will be a formidable, if not impossible, barrier for Trump to overcome. Trump called on Palestinians to renounce violence and to unite both Fatah and Hamas to negotiate with Israel.

    Guardians of the Galaxy Vol. 2 Review

    Extremely simplistic in its approach, but driven by fantastic characters and how they interact with one another. I was excited for "Guardians of the Galaxy Vol. 2" and fortunately the film exceeded my expectations.
  • Celtics seek top pick, Lakers aim to keep theirs in lottery

    If the latter happens, the Lakers could absorb dealing a young player since the new prospect will take his place. The Pelicans keep their pick if it's in the Top 3, but there's about a 10% chance of that happening.
    Danica Patrick takes wild ride in fiery wreck at Kansas

    Danica Patrick takes wild ride in fiery wreck at Kansas

    I kind of felt like Wonder Woman out there for a little while. "Feel bad", Hamlin tweeted after hearing the diagnosis Sunday. You know you're playing Russian Roulette, and at one point at time, something is going to affect you.
    Jason Bateman FINALLY signs up for Arrested Development season 5

    Jason Bateman FINALLY signs up for Arrested Development season 5

    Normally, "very probable" and "officially" don't go in the same announcement, and "this summer" offers only the slightest of time tables.
  • Apple iOS 11: 3 Features That Can Ruin Google Android

    Apple iOS 11: 3 Features That Can Ruin Google Android

    Apple is expected to reveal macOS 10.13, watchOS 4, tvOS 11 and developments in Apple Pay and Apple Music during WWDC. The watch needs to be connected to a charger, in range of the iPhone, and charged to more than 50 percent.
    Warriors' Kerr returns to practice for 1st time in 3 weeks

    Warriors' Kerr returns to practice for 1st time in 3 weeks

    Mike Brown will still be coaching the team, and it's unclear whether Kerr will be near the bench or elsewhere in Oracle Arena. The Warriors did not come out sharply this afternoon, as the Spurs opened up a 20-point lead at halftime, 62-42.

    Ukraine says detains prankster who mooned during Eurovision

    Vitalii Sediuk is famous for his pranks as past year he assaulted Kim Kardashian and Gigi Hadid during their visits in Paris. The flasher draped in an Australian flag has turned out to be Ukranian media personality Vitalii Sediuk , ABC reports .
  • Tillerson: We 'cannot reset' relations with Russian Federation

    Tillerson: We 'cannot reset' relations with Russian Federation

    Well, Chuck, I think we have such a broad range of important issues that have to be addressed in the U.S. -Russia relationship. Asked what repercussions the Russians should face for interfering in the USA election, Tillerson did not offer any specifics.

    Cyber attack hits 200000 in at least 150 countries - Europol

    Omer Fatih Sayan said the country's cyber security center is continuing operations against the malicious software. His concerns were echoed by James Clapper, former director of national intelligence under President Barack Obama.
    US Urges India, Pakistan To Talk Directly On Kulbhushan Jadhav Case

    US Urges India, Pakistan To Talk Directly On Kulbhushan Jadhav Case

    Qureshi also stressed on the fact that assistance in investigation was a "fundamental requirement" for consular access. A State Department spokesperson said, "We believe India and Pakistan stand to benefit from practical cooperation".

Comments

Latest news

Judge grants partial injunction against Uber in Waymo car case
The following August, Uber bought Ottomotto for $680 million and hired Levandowski to lead its self-driving auto efforts. Sunday's news is also significant because Uber's two biggest competitors are essentially teaming up against it.

Top US officials warn Trump against moving US embassy to Jerusalem
Netanyahu responded by saying that moving the USA embassy to Jerusalem would not harm the peace process, but would do the opposite.

Warriors rally for 113-111 win after Spurs lose Leonard
This is the second straight Spurs-Warriors meeting where the Dubs have stormed back after getting jumped on early by San Antonio . It's bad , and we hope he gets back soon, but I think it's a huge stretch to imply that Pachulia had any ill-intentions here.

Vodafone To Transfer 35% Stake In Safaricom To Vodacom
All this will leave Vodafone with a raised 70% stake in Vodacom, and a much reduced 5% stake in Safaricom. The Kenyan government will retain its 35% stake in Safaricom.

Acting FBI director hopes to make it permanent
Cornyn also miffed Democrats earlier this year by resisting calls for a special counsel to investigate the Trump/Russia claims. If Trump can't see that, Cornyn and Rogers should ponder Graham's words - and withdraw their names from consideration.

'Dr Phil' to air interview with Aaron Hernandez's fiancee
Part of the message to Jenkins-Hernandez also said: "You're rich". "I try to keep her in a whole positive direction". Because Hernandez's initial appeal was still pending when he died, the conviction was vacated last week.

Will enact law for Muslims if SC bans triple talaq
Former Minister Arif Khan stated that the practice, far from being fundamental to Islam, violates the Quranic mandate. "The scope of referring had all the three issues that was divorce, nikah halala , polygamy".

Journalist killed in Mexican state of Culiacan
Valdez's brother Rafael said the reporter had been "very happy" in recent days and had not indicated that he had received threats. The cartel is believed to be responsible for an estimated 25% of all illegal drugs that enter the United States via Mexico.

Wall's late 3 leads Wiz past Celtics 92-91, forces Game 7
The Wizards fell one win short of their goal of 50 for the regular season, but that would certainly make up for it. However, the franchise has not played in a Game 7 since the 1979 Eastern Conference finals against the Spurs.

Ex-US NSA ordered to hand over Russia probe documents
Former acting US attorney general Sally Yates testifies on May 8, 2017 before the US Senate Judiciary Committee on Capitol Hill in Washington , DC.

Caitlyn Jenner Won't Say What Gender She Desires
Reality TV star Caitlyn Jenner says she is considering entering United States politics in a bid to promote transgender issues. The name Caitlyn has plummeted in popularity with parents since it was chosen by Caitlyn Jenner .

At least 74 countries affected in 'biggest ever' cyberattack
The spokesman, Jan Op Gen Oorth, declined to give further details Friday so as not to jeopardize the ongoing investigations. F-Secure on Friday says it's gotten reports from more than 60 countries. "Talk about a wake-up call", Hypponen said.

Princess Charlotte Turns 2, Royal Family Releases Photo
A new picture of Princess Charlotte enjoying the outdoors, taken by her mother, has been released ahead of her second birthday. Unlike her brother, who hammed it up for his close up at the same age, Charlotte appears more reserved in front of the camera.

President Trump, Sean Spicer are the 'stars' on a new 'SNL'
And this is why you may have seen video earlier in the week of McCarthy driving her press podium on the streets of New York City. But if not, this was a fitting send-off for one of the more surprisingly indelible aspects of this season.

200000 cyberattack victims in 150-plus states: Europol
Most other malicious programs rely on humans to spread by tricking them into clicking on an attachment harbouring the attack code. The company said the virus has been localized and "technical work is underway to destroy it and update the antivirus protection".

Other news