States is House Democrats have released a 2. 00 trillion dollar coronavirus alif package which they claim would restore 600. 00 weekly jobless benefits and provide another round of stimulus checks to most americans now the plan released monday evening is a last ditch effort to revive stalled stimulus talks with the white house Many Republican and democratic lawmakers have pushed for another round of economic stimulus for months but have remained far apart on the amount necessary to combat the pandemic so lets waste no time and bring in towson investigative journalist ben swan and tobin smith c. E. O. Of transforming research to discuss thank you both for being here ben i want to get right to you here since lawmakers from both sides have been saying for months that another round of stimulus is needed why are they so far apart on the details. Or is the cost of this whole thing i mean democrats of come. Not a little bit this latest you know bill that they put forth about 2. 00 trillion do
Your money as you consider whether you should buy this stock as well. Ive got great guests today to go over 24 as welthis as well the Investment Committee is here as always. And were anticipating the ipo and jon fortts interview with Frank Slootman leslie picker is with us too and steve, you wanted an allocation and you didnt get it, but you why did you want a piece of this action well, i readprospectus, a strange thing to do for a great deal and the growth is phenomenal when they cite their retention rate, it is 158 which means that they are upselling, their accounts are taking on more are product. So i love the cloud. This is ai for the cloud it has a blue chip list of clients of accounts. So why wouldnt you want it. You dont find that growth anywhere and so everything checked on the box. So maybe if brad will give me some of his, well continue our friendship looking forward to that. And i have Pete Najarian who called in who is unhappy as well you wanted a piece of this too and you
Report has been right for the past 10 years he dumped many of his banking shares and went long gold miner derek the biggest gold miner in the world so max what do you think about this sea change in his portfolio right well it was obvious that he would have to get into gold gold mining gold bullion at some point he had too much cash he was underperforming the stock market for 15 years he had made an enormous mistake in airlines again for the 2nd time in his career took a huge loss. And you never understood Technology Got in very late and hes got a problem now with all the money that he helped bring into existence by having the government bail him out perpetually not not not not in 2008 was a huge bailout of Warren Buffett and they had a print trillions of dollars he used to base the value of this figure of money the u. S. Dollar and the only protection now we have as a way to preserve wealth is to get into gold so this is the 1st foray into gold and dissipate that within 2 years 20 to 3
Dissipate that within 2 years 20 to 30 percent of the berkshire portfolio will be gold or exposed to gold buffett so burning 90 years you know 90 year birthday you know if you spot a Spring Chicken anymore think charlie monger is a few years old or so theyve got him out think about preservation of capital they may have tons of mistakes now they decide to salvage what they can of course one thing you can point to this and say is that this is part of perhaps is dispute with the fed because remember he did want to bail out the airlines i in a way that would give him a good deal and a bigger percentage of the big 4 airlines in america but who outbid him that was the u. S. Federal reserve they gave no Strings Attached to their free money to the airlines which is basically never going to have to be paid back so of course Warren Buffett then dumped his airline shares and then down to banking shares in the 2nd quarter and while he was buying gold im buying back at half a 1000000000. 00 with th
Traveled to california, the physical geography of the area and evolving Technology Used to mine gold. Good morning everybody. The topic of our lecture is the history of the gold rush and i will talk mainly about california in the years following 1848. But gold played a very, very Important Role in American History. Think back to the conquistadors, one of the things they were fascinating about was the quest for gold. An unquenchable desire for Precious Metals, gold above all, but also silver. When the first settlers came to jamestown they were hoping to find the same supplies of gold found by the spaniards and bitter disappointment not to find gold in the whats now virginia and brought with them jewelers and gold smiths. Americas first gold rush took place in georgia in 1829 in north georgia. If youve been about 100 miles north, you would see the old lump kin county courthouse has been converted into a gold mining museum. Its about 100 miles up the road. What happened was, first gold wa