The Latest Breaking News from Charlie Munger

Markets reflect the economic and geopolitical landscapes, and while China’s economy may be recovering, tensions between Washington, DC, and Beijing have caused investors to shun Chinese stocks. The FXI is an ETF product that holds Chinese large-cap stocks that trade on the U.S. and international equity exchanges.

Many investors worry about the future of Berkshire Hathaway after its legendary CEO Warren Buffett is gone, but most of the conglomerate's companies have already made the transition to reporting to the man who will eventually replace the 92-year-old

The 92-year-old billionaire Berkshire Hathaway CEO is personally familiar with the problem. His own father lost his job because of a bank run in 1931.

The Berkshire Hathaway investors shared their wisdom at the company's annual shareholder meeting—including how to succeed in life and avoid mistakes.

Attendees at Berkshire Hathaway's annual meeting aimed to get a glimpse of Greg Abel, the conglomerate's designated CEO successor.

"The electric vehicle is coming big time [but] it's imposing huge capital costs and huge risks,” said Buffett’s right-hand man Charlie Munger.

One billionaire offered his thoughts on another at the annual Berkshire Hathaway meeting this weekend.

A.I. "can change everything in the world except how men think and behave," said Buffett, riffing on an Einstein quote about the A-bomb.

The "Oracle of Omaha" and his sidekick urged the two largest superpowers to cooperate.

Warren Buffett's company said its first-quarter profits soared along with the paper value of its investment portfolio

The Oracle speaks.