The only reason it's even on air is because everything related to Buffett attracts significant attention. No genuine BRK shareholder would ever be concerned about it.

RIP. A guy with a lot of wisdom.

I can’t believe Mr. Charlie Munger is 99 years old and still giving interviews.

Warren has talked about this in the past. He buys 100 shares to get the annual report and so it has a name next to it. 2005 annual meeting he talks about it

Rest in peace to the legend!

Buffet and Charlie are true true examples of how a publicly traded company should be run. Most CEOs nowadays are pump and dump

With world markets tumbling, inflation soaring, the Fed imposing large interest-rate hikes, the treasury yields rising rapidly, markets manipulations, and many other factors makes me wonder if people still make profits from all these investing BS.

berkshire shareholders who've been invested with Buffett for decades have made out just fine lol

Given that Buffett has conducted his business and personal life with such a high degree of integrity spanning decades, I think everyone should just relax, take a breath and let this microscopic detail play out. Even "IF" he has done 2 or 3 trades that were inappropriate, he'll still remain miles above most in terms of being honest.

Buffett is squeaky clean. Fry some other fish.

Charlie, you will never be forgotten. You were, are & will keep being a mentor not only in investing, but also in life. RIP🙏

If buffett didn’t build a whole “nice guy” persona this conversation would be completely different and we all know it.

Dude warren has given billions to charity I don’t think he is doing things for personal gain

1,000% I trust Charlie and Warren.

Honestly warren can do whatever he wants 😂

Here is what I think happened. It's a matter of opportunity cost. A stock at the same time can be a bad investment for his personal portfolio (given that the portfolio is small and he has found a better opportunity) and a great investment for Berkshire given that his investment universe is much smaller at the level of Berkshire. For example mega cap stock A is trading at 40 and may be worth 100. Buffett owns stock A in his personal portfolio. Stock goes up to 50 Buffett has more conviction that he is right about the stock but has found a small cap he can make 5 times his money but thinks a 100% gain given his higher conviction on stock A may be a good opportunity for Berkshire. So he sells the stock in his PA account and then buys it for Berkshire.

RIP TO A LEGEND

This female commentator should stop interrupting. You are not warrent’s lawyer

How does this affect a BRK shareholder unless he is in his 90s and got confused on his trades

People just need something to say… they can’t say that he uses drugs or anything. They love to slander no matter who you are. I trust Warren and what he says and does.

Ok, where is the full interview?

The blizzard deal was textbook insider trading and will never see the light of day. Trying to rationalize this as a percentage of his net worth is dwarfed by his net worth.

A super rich guy being hypocritical? No way!

Just because Buffett will give everything away does not mean that he does not have any private-personal agenda for personal gains AND personal giveaways. Like, I would do an insider trading act just to give the gains to a cat farm because I am a cat lover. Society does not want me to do that because society wants me to have a greater cause; common , not cats.......

The fact that CNBC has been trying to clean this up tells you all you need to know.

What date was that interview on?

RIP. Legendary inventory and person.

Andrew!! Great journalist, keep it up

RIght Hand Man of The Goat 🤩

LOL I think the majority of long time Berkshire Hathaway investors don't give 2 cents about this.

RIP legend ❤

Sokol the name just sounds shady.

Please put hosts’ names in description

Those last few seconds! He is absolutely in a league of his own!

Why these 2 guys dont let Becky talk when she knows more about Warren then both of them combined

LOL I love W. Buffet but, if this is true, i'ts called INSIDER TRADING. Period. As always journalists try to defend and give nonsense justifications to a person they like. This is a great example of subjective journalism... We don't need this kind of approach to news. This is really BAD journalism.

Becky is sure a bit scared to lose her job lol at the annual shareholder meeting hahahah little conflict of interest there

Finance reacts youtube channel covered this in depth on the video "did warren buffett insider trade? Propublica story explained"

Makes you wonder what else he’s hiding

Again, as a avid Buffett supporter, why are they trying to justify his actions? Had this been someone else, they’d be scolding these actions. Also, the meeting is in May, I’m sure he’ll be addressing it because everyone will be asking him about it, and he’ll have a clever way of explaining why he did whatever it is he did. Also, being that they hold a lot of cash, and were responsible for helping bailout some companies during the worst of times (2007-2009 etc.) I’m sure the sec and many others have a major incentive in regards to helping him keep positions classified, even though full disclosure is supposed to be an SEC standard. Can’t wait to hear it from the Oracles Mouth! 😂😂😂😂😂

Were Berkshire shareholders shortchanged by this?

R.I.P LEGEND

Comparing sports betting to insider trading is hysterical and oddly suspicious. 😮‍💨😂

RIP friend….Berkshire is definitely a company of integrity.

Absolutely devestated

Sad to see the news just now! such a legend, even 12 days ago!

What a legend Charlie was…active in the press until death. Rip

Shame on them for bringing this nonsense up!

This is silly. Buffet likely didn't even press the button on those trades, someone did it for him. He has so much so many places it was likely overlooked... Regardless, it's not even a statistically significant number. It's a rounding error.

Is this his last interview?

RIP so shocked 😢

Gotta create drama to sell advertising.

This is the first time I've seen Munger looking so frail. I know he's 99 but I wonder if he will make it 100. I certainly hope he does.

Man CNBC really struggling for news....

RIP Charlie 😢

If Buffet is so innocent, why does he not address it already? He is taking his time to review his trades in order to figure out how to spin the story in his favor.

0:49 How is that possible when practically all of Buffett's money is invested in Berkshire stock?

Yeah as if he made moves on 99% +of his money to benefit less than 1% lol

They are very wrong regarding David Sokol. What happened was that Sokol did tell Buffett regarding his purchase at Lubrizol and then told Buffett to look into it. What Sokol didn’t do was tell Buffett that it was investment bankers from Citigroup who had told him to look into Lubrizol. Once Berkshire bought lubrizol, down the line at some point, one investment banker from Citigroup congratulated Warren Buffett on his purchase and told Warren that it was them who had told David Sokol about Lubrizol. Everything went downhill from there, unfortunately for Sokol, who was Warren Buffett’s right hand man and potential heir to Berkshire Hathaway.

The accusations are completely ridiculous, a shame for the authors of that "report".

How is this news?

Vultures will eat anything as long as it doesn't fight back !

By the way I could be very wrong about my previous comments. We’ll see in May.

RIP, a legend and icon. Will miss viewing your interviews.

heard of his passing charles overhead door sassing team hoyt surpassing

I have thoughts!!!! And what I think about this!!!

RIP LEGEND 🕊️

Its very simple....He sold his personal position before Berkshire bought them so as to avoid the situation of front running! Why the analysts these day are so poor in their analysis?

well I don't condoned what Buffett did and boy I was kinda disappointed as I became a millionaire from his investing philosophy and a successful Investor. But I have to say is not my position to judge as I don't think I am a saint to do so I think I have some point of my life does some inappropriate things. May be if Buffett would explained himself abit would be fine is not like he cause other people to suffer because of some insider trading

For sh*ts sake: the 'trades' were the equivalent of $100 profit on a million dollars! Take a deep breath, folks. As a Berkshire shareholder, I am

I If he sells first he is mostly going to sell for less rather than more. If he buys first he is mostly going to buy more expensive. I often buy under multiple accounts and my 2nd trade usually buys cheaper. Warren doesn't need to justify anything. Those in question need to pull there money out of Berkshire and do it themselves. This line of questioning is childish.

wtf is that title? berkshire is his own money

Rules are rules. Lol

Buffett was caught hand in the cookie jar and now Hurlie tries to sugarcoat it, LOL! 😁

Check out our video on this topic for a better understanding!

This man is a legend, Charlie munger,God bless you sir, however you are wrong about Bitcoin.... Besides that you are a wonderful person!

Wise man. Loved his clear thinking

maybe buffett playing around in his own account for the thrill of it.

Rest in peace legend!

I’m a fan of Buffet, and generally think he’s a decent person even though getting to the top of finance probably involves some cunning. At the same time, I wish Sorkin brought that same type of devil’s advocate attitude to other major figures he covers.

People can talk themselves into anything. 😂 He was front running Berkshire shares or he wasn’t. Just the facts.

I got into investing because of Warren and I love him as much as the next Shareholder. However, he’s too smart to be mistakenly doing things. Classifying investments as confidential via the SEC, (allegedly) in order to keep the cost basis low because everyone follows his every move and may bid the price up higher of his mysterious acquisition, is not something everyone can do. Ergo it’s more than fishy. Maybe it’s for tax loss harvesting purposes. Maybe he realized he owned something personally that he wanted Berkshire to own at a better price. It could also be because it’s a very small position relative to Berkshire’s net worth. Regardless, requesting it, and getting it done….Come on bro! 😅😅😅😅

Id Love to Know y they Sold ALL there GM STOCK ? and NO one has REPORTED that FACT !

Can CNBC get someone else besides Sorkin?

There is no way he has done that

He said that he doesn't buy shares that Berkshire bought. But did he ever say that Berkshire doesn't buy shares that he bought? If he thought a stock was undervalued, might it not be beneficial to Berkshire to buy the same stock? If Berkshire then bought the stock that he already owned, and he wished to sell his personal holdings because he needed cash, could he not sell his personal holdings? Additionaly, could not one of the other big analysts at Berkshire have reccomended a stock he personally owned (without them knowing he owned it)? Should Buffett then deny the suggestion by the analyst merely because he owned it himself (At the expense of all the other shareholders of Berkshire)? I think not. Nevertheless, we do not know for certain what happened untill the matter is explained. Everything else is speculation.

By the way, if this is so “de minimis, why did they just do 7:06 of coverage on the matter? Come on Bro! 😂😂😂😂😂😂😂😂

R.I.P

I always myself say always buy never sell!

Will always be my favorite investor rest in peace.my hero...

Rest in peace Charlie 😢

RIP Charlie

RIP Mr. Munger.

If you have held Berkshire Hathaway for any length of time, you have made an incredible return on your investment and you should forget about the peanut gallery and what they are saying about Buffet who has spent decades being a man of high moral integrity.

Look at them falling over themselves trying to decend uncle warren. They never stop to think that maybe greed has no end regardless of wealth.

Andrew says "clearly and empirically he has traded in stocks Berkshire has owned." This is illegal but, we here at CNBC mustn't be too critical or ask too many questions or draw clearly obvious conclusions or we won't get another interview w/ Saint Warren and his girl Friday, Mr. Munger.

Doing backflips to cover for poor behavior of friends . Never for anyone else .

The guy in the blue shirt would do well to shut up for a minute and allow someone else to speak.

IT’S LIKE AN ORDINARY PERSON TRADING 100 USD

Rip legend