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FBN’s Stuart Varney breaks down the investing strategy of Warren Buffett and Charlie Munger and the impact of European Socialism.
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-- That is still in no way you're only paying Coca so one another day when Los claimant was interfering in the Clinton.
Charlie mongers.
At the -- -- and I'm.
Org and it's where you know we're here and there are monitored desk waiting integral honor yes I laws -- there is so.
And so as the editor -- -- They had to be steam come your -- because of just.
No I don't know -- found what they had to -- -- fascinating note note though after it happened I was.
Re not the -- I don't know if -- if I was praying that that meant Charlie -- would make it through the -- But I'll pop -- -- -- doubts about now.
A lot of going on -- is but isn't paying sub office.
This in the every -- every old mean old bass and other bank Brusett notice somebody driving at all lone Vietnamese economy.
We're not going to mere limited view view particularly.
People who delighted so I'd say that we expect but I -- and I do.
So -- -- so yeah.
McDonald's has a lot of interest.
In.
These two very very wealthy guys and the aging jolly -- there's a lot of interest -- you and I disagree.
With the with Warren Buffett's politics I mean -- I don't like his politics I don't like the Buffett rule don't like the way he was attacks everybody -- -- doesn't actually suffer much I don't like.
But there's a lot of interest in that -- -- a what he says because.
In his lifetime.
He's -- -- 4050.
Billion dollars and nobody else has done that as -- investor.
That gives you -- interest to put him on the show for now it is good deep.
Wonder how much Romanian Charlie Brown right around -- -- -- yep -- front fan.
Now they don't invest in technology that outlawing the -- of this world and they don't like I'm in the weather like Microsoft and -- -- I don't think Warren Buffett invests in Microsoft for a but the Facebook's in the Google's in the apples.
The stocks and you've really done incredibly well.
They've not taken part in that -- They're the ones who invested in the older technologies the older companies that Coca -- if this world that's where they made their money that's interest.
The richest guys the the most successful investors didn't make that money in the exploding stalks of apple -- old fashioned guys.
Now somebody -- some point.
All of -- gotta be -- market.
Yeah.
Abduction -- stock has not done very well recently and it's like peace prize fighters -- one flight Germany.
I -- and -- save them and army life term while -- Chrysler boxer.
Was listed elsewhere while -- Floyd Mayweather fought to build.
And and a tougher time unexpected news undefeated.
Spokesman above that some point.
Floyd sovereigns or flown home at some point Charlie's Cisco all.
While -- go to war over remnants recliner -- are.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Why yes hello I'm -- I don't I have no idea.
We'll dissident that Jeff forever so they would say step aside Imus but you're not going to know Alia I might not -- October and hell freezes over that's extreme delay -- -- -- -- sport gay marriage.
Look my show deals with money.
And publicly we don't take a position on social issues privately.
I would say I want America to be an inclusive society.
But I don't want to see religion but churches -- would -- into supporting -- doing something which morally they all of us to.
Believe me religion not -- and -- legally.
-- people should -- them.
-- not forced on America via the Cole hall and if it's a free vote.
Then that is and that's a sign of of society's evolving views on this issue.
And a change in that position if we vote for it yet.
Go that's -- with great but what are you impose it by unelected judges that's wrong why do you think current president -- Supported gay marriage although he did say.
Already bring you wanted to leave it up to the individual states part of Russia -- I think there was a financial angle involved -- In the ninety minutes after he made that announcement.
A million dollars came into the Obama reelection campaign a million dollars in ninety minutes.
And I think there was a financial angle that because one in six.
Of the Obama boundless.
As the people who bring together contributions and bond formal together into one big contribution.
One in six of those bonds as for the Obama reelection campaign I'll get a I think there's a lot of pressure that for the present but when Joseph Biden opened the subject gulf.
Now there's a lot of -- on the president to come out and say won't -- all the other -- if you to set nothing.
Mother's gay bungalows and gay supporters will go to withdraw that support from his reelection campaign so there's a financial angle here as well as a political angle.
-- external.
Our doctor -- -- -- -- group.
Or is a very fine Giovanni company airs at nine to -- they were gonna -- On time.
Almost every day -- every day where events like you've been terrific saw his coming up all lighted prior gonna bail them.
Where -- on fox and things are running time laws -- asked if it's always all over the place.
-- Home when you traveled around Solomon John Travolta story no I don't know it at all bottom of all no I don't.
And tourists -- did you should travel around a lot of impact but not argumentative your -- Friday yes I hit China around the lows on the road for about four -- -- for years.
Market so when you're hotel -- -- over calls from listeners hotel's historic.
We felt that I was really got a dollar a day you guested on hotel well I don't know left on appointment have you ever had a massage no -- Well you undergo this -- I've looked awarded soldier number animals I -- know some minor details of the Travolta story term.
But if you think I'm gonna go that I know I'll I know I know not -- me in the -- off looking defensive about.
But -- wounds from Charlie innocent question no positive sequestered little touch on the head you all for the past as you got to -- -- -- the -- narrow that I would like to around them so while France -- -- they've elected socialist doctor.
Mirror on an idea of bank to -- what -- that -- say about where terror.
Yet actually America does -- -- Because there inviting chaos with a -- chaos already.
If you have another financial collapse in Europe if it if it collapses I'll buy that I mean Greece default Spain gets on the pressure the Euro break self.
Send shockwaves around the world -- we -- -- whether we like it and -- we feel it.
-- gonna take some pain because of that stupid socialist mistakes over that.
Now that's why we cat that's what's the deal via our economy is still startling Norma yes I'm so roughly gonna say is still strong it is not still strong it really is struggling and -- However.
Bombarded -- -- your -- Of them -- Disney theme parks and along you know.
All of appear to be thriving and if -- even have these new motorized.
Fat carts are fat people are gonna are on a -- well -- strong and a.
And to numb -- one what recession.
Disney's theme park attendance -- shop play.
And when they get inside the park this -- a lot more money even though is very expensive what you pushing a hundred bucks a day ahead to get into Disney something like that life.
He's incredibly expensive so.
What you know what recession what weak economy when you go to performance like that -- but when you get inside.
You get a maneuver you way around these can't these motorized talks.
Was large people driving around in them I mean they've taken over these theme parks and telling it.
But you who want is obese.
-- -- that -- the other day review.
Richard talked to all morning among ordinary of that entertain -- run out of time -- -- about ten seconds.
Over furnish a font.
They've redefined.
Obese.
So that almost all of us are obese auction that is nonsense --
