Steve took interview from local West Virginia TV station (link here
My thoughts
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Category: video
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Berkshire annual meeting 2009, David Sokol
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(Update 02May09) 4 ways to follow the meeting.
(Original) David Sokol is the Chairman of Mid-American Engergy holding, a subsidiary of Berkshire Hathaway (NYSE: BRK.A; BRK.B). He took interview from Becky Quick of CNBC today. The Berkshire annual shareholder meeting starts tomorrow. CNBC BuffettWatch will follow minute by minute. Some people expect shareholders will ask some real questions this time, unlike in the past, let Buffett go loose by asking general questions like how to be successful in life.
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Is 401k a scam?
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As millions of American workers saw their 401k became 201k since last year, this 401k thing suddenly becomes a hot topic. CBS 60 minutes did an excellent report on this topic.
My thoughts
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McDonald continues to serve
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CNBC interviewed McDonald CEO Jim Skinner. My wife and I visited McDonald near my home (Creve Coeur, MO), and was very impressed by the setting of the new store (I remember about a year ago I visited it and here are some pictures).
Disclosure:
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Jim Rogers
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Jim Rogers is a fun guy, not the ordinary fun guy, but a millionare investor who used to work with George Soros (made a fortune). These days he is very bullish on China, although I don’t agree with him on a lot of his investment ideas. I liked his light-heartness and his passion for travel. Here is video he took at China Jia Yu Guan (last fortress west side of China Great Wall).
And Zhong Shan Lin (the memorial of Sun Yat-sen, the founding father of modern China). Since this is the memorial day in China, it’s also a fitting moment. The memorial is located in eastern China city of Nanjing (a sister city of St. Louis).
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I was a bit surprised to see the anti-Ameren (local ulitily company) TV ads (link here), which shows an old person, feeling stressed by the potential 40% rate hike of electricity by Ameren. This thing reminds me of the political Ads during campaign season.
Interestingly enough, Ameren is fighting back with its own Ads.
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Mizzou is in Elite 8
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Unbelievable shot at the end of 1st half. Link here.
Actually coach Anderson did ask players do those long range shoots in practice. It surely paid off.
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Response on Geithner Plan
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Toxic asset plan, or Public Private Investment Partnership (PPIP).
Charile Rose
Hedge fund manager’s perspective: Daniel Alpert is a managing director of Westwood Captial and Thomas F Steyer is Co-Managing Partner of Farallon Capital Management (total about 22 mins)
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A conversation about AIG
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From Charlie Rose, March 17. A conversation about AIG with Hank Greenberg former chairman and CEO of AIG, Carol Loomis Senior editor-at-large of “Fortune”, Gretchen Morgenson of “The New York Times” and Meredith Whitney.
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CBS 60 minutes
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It appears CBS 60 minutes have hit two runs in a row. Last Sunday they had current Fed chairman, Ben Benanke on the show. This coming Sunday, they will have President Obama. Also, Mr. Obama is going to appear at Jay Leno’s Tonight show this Thursday 3/19. Those two shows (I mean 60 minutes vs. Tonight show) are totally opposite in terms of their style: 60 minutes is usually serious while Jay Leno’s late night talk show is light hearted.
With the leaders started appearing in public, talking up about the economy, maybe the worst of the financial crisis finanlly is over? 🙂
(CBS 60 minutes show last Sunday, about 43 min in full length. I include the full show because I think the other topic eat healthy is also VERY important).