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CNN New Day With John Berman and Brianna Keilar June 4, 2024 10:45:00

Hathaway s shareholder meeting. this is classic warren buffett, he has often criticized brokerage firms. they pedal sophisticated instruments that go far beyond hedging, trades that make firms money but they don t create any value in the economy. retail traders have flooded the market bringing more volatility. all this gambling does create opportunity for him when the casino badly undervalues something buffett goes shopping. berkshire spent $41 billion on stocks in the first quarter. buffett and charlie munger had no kind words for cryptocurrency. buffett says it isn t worth anything because it doesn t produce anything. munger calling bitcoin stupid, john, evil, he said it makes people look foolish snoond at bitcoin people look at those guys the crypto bros are like you are in a different generation, a different planet than they are on in crypto world. ....

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