Warren Buffett, Charlie Munger, Bill Gates on the state of the US-China trade talks

Warren Buffett, Charlie Munger and Bill Gates sit down with CNBC's Becky Quick to discuss the latest developments in the U.S.-China trade talks and what they think should happen next to benefit all parties.
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[@vlad8606]

I'm going to replay this tonight to help me fall asleep.

[@KevinHackett]

Braulder dude that’s so funny bc I actually do that too. Not sure if you were joking lol!

[@Treegoduo]

Heree too.

[@user-eu4bh8gj4u]

haha

[@LincolnBerryIII]

You win the comments section

[@zhuyan2666]

same

[@breckandy]

They know if they say the wrong thing, they could panic the markets and lose their own money.

[@thanasis3999]

The president could learn a thing or two

[@thanasis3999]

@MJB For Trump it amazes me how you people justify this guy, you people are morally bankrupt. The trump movement is a detriment to society

[@johnsmith-qe2fd]

There not saying anything because there’s nothing to say there genius. The media was trying to lead them to bash President Trump.

[@thanasis3999]

@@johnsmith-qe2fd yeah like I said the president could learn a thing or two.

[@thanasis3999]

@Mr. Common sense my great grandfather was a Greek who died fighting the fascists in Europe, postponing the nazi military expansionist campaign by 2 months forcing the nazis to fight the Russians in the winter which ultimately what defeated them. So that puts me and my family on the left, and on the right side of history. Being Greek I have a natural distaste for fascism no matter what century I'm in, it's just in my blood. Furthermore, the identity politics that you subscribe to are what's destroying this country, everyone knows that the only party proposing any kind of solutions in Congress are coming from the left, not the Christian fascist right.

[@Dark-yv1es]

To me, this is how a smart person saying something is public, talk a lot but say nothing

[@marcohansen5508]

you are a chinese ? me too . thats very important for them .

[@ryanmou2955]

you gotta admit it takes high EQ to do that though

[@plutotech]

Or you just not too bright and what they are saying is going over your head.

[@ChaseYu]

That's called the Art of Speech/speak. Speaking something but saying nothing at all.

[@xandercorp6175]

@Jaime Alonzo That's like wondering why boxers circle each other instead of throwing punches constantly. Sometimes holding your ground is inviting disaster, and not every moment is the right moment to throw a punch.

[@jay4988]

That’s what a $200 Billion interview looks like!! 👌

[@sesetio338]

Never thought of it like that! Crazy how much these guys can influence. Funny thing is the James Charles thingy that happened lately as well. Lol

[@sesetio338]

@Mike fart bombs lol

[@ian9557]

@Mike geez... if u r in US, it might still have hopes!

[@matthewrogerson9119]

More than the GDP of most countries.

[@greerguthrie3537]

bill says so many words without actually saying anything

[@wordup1818]

I think thats exactally what he wanted to do

[@michaelstone7514]

Very true!!

[@rodfranc7597]

all three of them do.

[@stsa21]

Lao Tzu said, "He who knows, does not speak. He who speaks, does not know". The biggest mouth will always lose at the end of the day.

[@mikhelBrown]

It's called being smart. *The Media is dangerous* Can you imagine if Bill really spoke his mind??? They will twist his words and start a shit storm ...

[@SaurabhTiwari08]

Good settlement is better than lovely world war - Munger 😂😂😂👍

[@jacksonj69]

Saurabh Tiwari rich sarcasm

[@bert29]

@@jacksonj69 facetious*

[@swordoff7]

Munger is a model for the quiet, out of touch, psychopathic personality. What a creepy little shit he is.

[@mikhelBrown]

Big Bill was very smart here. Am glad he wasn't very forward. *The Media is very dangerous*

[@mikeb5030]

Media's job is to put words into your mouth

[@Akeem_768]

Bill Gates says a whole lot of Nothing

[@TheInnerParty]

He is a diplomat now.

[@mastersinr]

Its not his area of expertise and you need to tight lipped sometimes.

[@watchin7029]

A pretty vapid thing to say... The lines; read between them sport.

[@poisonwater7241]

He's filthy rich but it came because he was fortunate enough to hold on to his investment in the computer industry and hired people who knew more about what he was into than he did! Many people have stepped over their opportunity to be wealthy by not having foresight and patients to endure the hardships.

[@JoeBlow-fp5ng]

..and says it poorly.

[@ryangivins]

This interview let me know these men are really powerful or really powerless! Either way they are being verrrry careful of what they say.

[@ryangivins]

@TheCashistrash but buffet said he likes china they are number 1 think that was just a front for fear?

[@eddyadityapradhan7960]

@@ryangivins nah bro why u still livin in denial? china is wayyyy ahead of america.. lmao yall just living in the fantasy of merica number 1 blah blah... its pathetic..

[@brandonmesser2503]

Munger is my kind of guy. Ripples in space time

[@GizmoMaltese]

He doesn't like being disturbed from his deep economic meditations outside of spacetime by mere mortals.

[@archangel7052]

Short term US may win but long term china wins if US really sticks to these Tariffs. What do you want China to buy? You place military imbargo, space imbargo,, ban chips for china etc. I mean those first two fields alone could make up for the alleged trade deficit. You can't force someone to buy something they dont need. China will never bow to Trump and his cronies

[@chrisvoiceactingvoiceover1431]

Mean Max It’s not about forcing them to buy anything; it’s about the Chinese stealing and not playing by the rules. I’ve lived out in the Far East for 15 years: they are notorious for intellectual property theft - of everything.

[@DaigoParry]

Mean Max Actually, enforcing of Intellectual Property Laws in China will benefit China's economy in the long run, and also benefit the world. Win-win situation.

[@archangel7052]

@@DaigoParry Yes, and also China does have IP laws and pays trillions of dollars in IP money to the west. The issue is mainly to do with joint ventures, and I support China on this, they're justified in doing so.

[@loveanimals-0197]

UPLOAD THE FULL THING! JEEZ.

[@fastdollar1]

they have: kzbin.info/www/bejne/aJnHdXhtjb6laZI

[@dexlee7277]

clearly they are thinking about NOT pissing China off while answering the questions.

[@JoeBlow-fp5ng]

Exactly.

[@djc7598]

They more worried about pissing off Trump

[@TopeA8]

I like this lady's demeanor. Such a neutral appearance, with perhaps a slight hint of a smile.

[@lokyinphotography]

She's Becky

[@996vtwin2]

she picked up her colleagues demeanor , prefer herself.

[@djtan3313]

TopeA8; ...and lotsa leg.

[@fuckcensorship8809]

The entire interview and you comment on the lady in a short skirt...

[@TopeA8]

@@fuckcensorship8809 the comment was not about a short skirt unless you were referring to the other guy.

[@sbcand7077]

"They're all ripples in space-time to me" - I almost spilled my coffee laughing :D

[@ArturoGarzaID]

I wonder if Bill Gates' personal stylist dresses him like Mr. Rogers on purpose. There's got to be some type of psychological strategy to this.

[@KevinHackett]

Arturo Garza I don’t think Bill Gates has a stylist lol

[@johnparadise3134]

Arturo Garza, For sure!

[@menthy]

Dude's been dressing like that since forever. I think it's cool how even though these 3 are billionaires, they just wear regular clothes.

[@rosebarnwell6016]

Arturo Garza I think you guys really overthink this stuff. Bill gates likes to dress that way I imagine and that’s all there is to it. Sometimes a banana is just a banana.........

[@johnparadise3134]

Rose Barnwell, You’re right, that’s probably just the way he likes to dress, as plain and boring as it is. Just because he’s a billionaire and second richest person in the world doesn’t mean he’s going to be wearing a golden cape!

[@brianmcg321]

I'm pretty sure Charlie Munger died 10 years ago but nobody told him.

[@rusitoexplorador]

Yeah lol. But he is still extremely sharp for 95. I bet his iq is so high that age doesn't affect him

[@brucewong8143]

Ren Zhengfei’s interview is much better than these three guys!

[@erichahn5000]

She asks questions like they are children.

[@oskarkristinsson6517]

warren always answers them like she is a highschooler and Charlie answers them like how you're dumb

[@MrDrmillgram]

They are like the fed bankers. A misspeak and markets react, They choose their words carefully knowing that.

[@Lululemon2023]

Typical media arrogance based on ignorance.

[@KuHnSniping]

ArnoldLayne11 yes

[@katerynamukhina8488]

No she is asking simple questions because they Are Not ALLOWED to speak on level of seriousness of this. They have to talk about it but VERY CAREFULLY.

[@quantumjump464]

This is the best conversation I enjoyed so far with all the commentary heard. LOL I really like these old guys.

[@605highsprings]

These guys are pretty chill while answering these questions !!

[@cavhaynes]

Its very interesting how measured and balanced their responses are. The men are very responsible with how powerful their words are in financial circles. Munger’s short responses are hilarious.

[@jaxxbrat2634]

They talk as if a chinese guy with an AK is behind the camera guy

[@anisnabe-qwe8835]

Funny, probably though...

[@jessieyang6032]

Jaxx Brat Mr. Trump, AK as well

[@hongchaomeng457]

Jaxx Brat Another brain washed Trump supporter, please please please go to China and figure it out or at least do your research like read a couple of pages of economics textbook

[@samuelrs5138]

Or an orange guy on twitter is behind the Resolute desk

[@TheScientista]

I thought Bill was gonna break into tears lol

[@QuaaludeCharlie]

I'm just Glad my Phone is Older than Warren Buffett's :) QC

[@tipoomaster]

6:45 love that moment lol

[@yutuberboy]

Munger SOUNDS like Buffett when they speak

[@MarcusLeepapi]

Thank you for this....

[@billhanna8838]

What are they on ?

[@honestbusiness1371]

Bill and Warren are brilliant and stable minds.

[@SharifSourour]

"The idea is to make a hero out of them so that you can get the best deal." - Warren Buffet Very good advice!

[@benjaminlineberger5067]

They are almost literally speechless. "uh, er, I think uh.." lol so funny.

[@winstonlesliejorr1030]

After this interview they just got together and say wow that was close 😆

[@BoracayADMIRER]

How many billions of wealth are sitting there combined? :)

[@tellcelld1]

That's a lot of Endgame box offices

[@Ranger42]

Such a BS question, which side is right? Really? Such weak answers from all.

[@janicelmckee]

Ranger42 - They are little old retired guys. The interview was a stupid idea.

[@likearockcm]

They are considering their words very carefully ,as breckandy stated, but Charlie hit the nail on the head when he said "I don't think we want a full scale tariff war as that would be massively stupid" .Gotta love the guy!

[@NoahAbrams01]

Buffet at the end there was just hilarious. I really like this interviewer.

[@putikeswarasudarsono]

Becky has met them so many times

[@lafarrishayes7974]

I’ve watched this same video 5 times today lol I smell the billions.

[@TwelfthRoot2]

I’m picking up Yoda vibes from Charlie

[@vvjim]

This is a most interesting interview never did I think of these three being interviewed to be so fable in their responses.

[@reinforcer9000]

this sounds like my classroom when the teacher calls on us for answers but it's obvious no one is paying attention

[@AussieSteve001]

Buffet looks younger than the other two and has a sharper mind. It would have been good to only have him interviewed. Gates was floundering.

[@Randomdive]

I believe Gates' specializations are more tech, development, and epidemiology rather than international political economics. The other two cut their teeth in analyzing and predicting markets so of course they are better here.

[@caswallonandflur692]

Gates loves Canada !!. 😡 He owns 51% of the national Railroad. What's wrong with this picture? 🙄

[@stephenkabya3008]

AussieSteve001: adrenochrome deficiency syndrome.

[@timmysinvestments3110]

Why are all of them so scared to speak or is it just age? lol

[@JB-qq1xz]

Oh I dont know... the words they speak have BULLIONS OF DOLLARS BEHIND THEM!

[@nate9798]

You're watching the richest people in the country. If they say too much they could do whole a lot of damage.

[@jessebrown5130]

TY mr. Munger, Mr Gates and especially mr Buffet! How would it be to be a billionaire that is so comfortable with this market disruption!!

[@darellarocho5729]

I feel like I've seen these three in that exact same office talking about something similar years ago.

[@MinorityMans]

Munger may be a 95-year old man, but his thinking on China is way ahead of his time.

[@CUM2america]

Why do I get the feeling like no one was prepared for this conversation

[@user-hw7dm9ik4p]

when water is rising, most stupid way was piling a vertical wall try to block the spill, it will overturn totally

[@YumenoshimaTV]

14:04 Is he saying Dairy Queen's intellectual property is not worth protecting? XD

[@patrickcolangelo1169]

sure seems they are waiting for input on the earpiece before commenting

[@larrydesantiago5206]

no its called properly selecting your wording. everything ANYONE says betrays them. anything can be deduced by reading them like a book. idiot

[@clintabbott2544]

these three are really leery of commenting.. my goodness and at times you'd think they're on prozac.

[@docsax7769]

Lol

[@poisonwater7241]

These men are smart and crafty world market investors but they fall short on world marketing reactions and structure.

[@plaguedoct0r]

The reservation of everyone on the panel to speak not being disregarded, we're so lucky to have videos like this available today.

[@Thastor]

Munger is seriously hilarious :D Enjoy his comments always

[@kisses_0]

These 3 big time people wont say anything nasty...because theyre all Businessmen in Both countries!!!!!!!!🥵

[@chronosschiron]

bills microsoft is making voting software for pentagons spy branch that will be used in your next usa election and just prior to that they got 480 million investment....

[@korasones1009]

There are only going to say things that won't hurt shareholder and their money, period

Next time ask Bill to write his answers down and you read them off.

[@markmccreadie6212]

That was 3 business guys saying absolutely nothing to not risk angering either side. Waste of an interview

[@MrPrentissDJones]

OK so the only thing I got from this as they struggle with this subject, is diplomacy.

[@spanky88ism]

Their words carry a lot of weight. They say a lot while saying nothing at all.

[@antpoo]

Charlie Munger reminds me of Yoda sometimes, he looks and sounds like him.

[@dorianphilotheates3769]

0:30 - “If anyone thinks they understand the Chinese, they don’t understand the Chinese.” - Greek proverb

[@sinking1902]

Charlie is incredible. 95 years young and still sharp!

[@davidhynes]

Their leader is the Chinese leader do not have to worry about elections, same as the DPRK, Russia Syria, Venezuela etc.

[@mikethomas632]

China has a presidential election every five years.

[@dorjilew6248]

What would the three say about Trade and humanitarian issues? Nothing?

[@kylesa1323]

Why she called buffet out like that lol

[@jasonbrodmerkel222]

6:32 Charlie Munger "there are only so many ripples in space time to me" Now I can see why Buffett sees Munger as his mentor :)

[@askcleftnew]

4:48 W.buffet was ask what he think as to who pays the tariff. W.Buffet: they are tax on consumers and as such it changes WHAT people buy and it changes WHERE things are produced. You can readjust the world thru tariff.... a world that adjust to a something very close to a free trade more people will live better than in a world with significant tariff. Buying CHINESE PRODUCTS (w/ few exceptions) AND PRODUCING IN CHINA (w/ few exceptions) doesn't help American manufacturers and their employees.

[@chung729chung]

Askcleft Kuizon they just don’t want to get into politics, they can’t stand in one side, so everything they said there is actually nothing

[@askcleftnew]

@@chung729chung I think they do.. Wallstreet (the 1% elites) in general lobby politics to protect their business interest abroad even in domestic competition. On camera they talk about money and don't play politics or they'll lose money.

[@chung729chung]

Askcleft Kuizon Yes you right, they do the control in the backend, they can’t show anything to the public, so their public speech is like nothing.

[@playahater4839]

So much wealth in that room

[@mharris2849]

This was like watching grass grow.

[@CW0619]

Gates, all I need is a 1 million. Come on man! I need that bag!💰

[@CW0619]

@Richard Dixon I'll invest it when the housing market crash.

[@mikebowers9978]

@Richard Dixon you are right a mill ain't that much but give him a break that comment was funny.

[@larrydesantiago5206]

i love how charlie talked about rippples in the "space-time" like we're in the twilight zone. this is hilarious hahahahahahahhahahahhahaha

[@Ani_B.]

What makes you think he was joking?

[@mellowtonin4166]

I could see those legendary investors became really old.... I feel so sad.... I saw them since I was kid.... they used to look so strong and bold... almost like solid metal

[@bitlong4669]

Them being most wealthy, we can clearly conclude there is no fixing aging just yet lol. I'm starting that age where I feel the effects of aging and it scares the poop out of me :(

[@alexgordonepic]

three wise men choosing their words carefully and keeping it light

[@ArcaneStar1]

Charlie Munger on Tariffs: Just another ripple in space time

[@christopherh2579]

Lovely world war.

[@JollyJeepers]

I know these guys are smart, rich, and famous... but this interview was boring as dirt.

[@jpmuga]

she just didnt have the kind of questions that would make the interview worth watching!

[@maxlank539]

Cus Charlie Munger is impossible to interview. He always acts like a prick

[@i486DX66]

I got the impression that they have been up for 36 hours without sleep.

[@cccccuy]

I enjoyed it.

[@scottbierly3398]

Because everything that matters here is political, and they wisely held back and didn't engage.

[@papaasaid]

That was a masterclass in dancing around the issue while not saying anything at all.

[@drjacko1]

Where is Ray Dalio?

[@dracorosa5093]

They’re so afraid 😱 lol 😆

[@haystak1]

it's amazing non of these guys want to give a definate answer in fear of spooking some invester.

[@JohnLeMayIV]

and potentially impacting the lives of millions of people, employees, investors, consumers, etc. Imagine that responsibility.

[@SJshdayJimmy]

Bill : Stop asking me the questions !

[@oswinchong2612]

First time to see Bill so stun when answering....

[@austinryder9028]

12:28 when you ask the man with a PhD in short answers and long pauses for an in-depth response

[@ahoyair]

This is the first time I see Warren emphasised on ‘things can get out of control and you don’t want it out of control’ across a few interviews.

[@BecomeAWebDev]

It has been a matter of dispute among historians whether the presence of trade between two countries decreases the chances of war. There is also very, very strong evidence/examples where there was substantial trade yet wars broke out nonetheless. Free traders love to state their side of the issue, though it's far from settled.

[@adamzane617]

Why do they look so disinterested in this interview 😂

[@harleydavidson3756]

Their terrified of Trump questions or having to say anything positive about him, completely terrified

[@rl2109]

Sure was a lot of stuttering and stammering by all three ?wise? men... I wonder how much operational interest these gentlemen own in China...

[@bingcishi]

I just feel Buffet looks so alike to the man on KFC logo 😀

[@hansu7474]

Hilarious to see three people beating around the bush...lol To be fair, it's not there comfort zone to speak freely about what they really think.

[@taragragg400]

When it's auspicious.

[@FloridaFun10007]

"I'm no expert on negotiations".....don't talk once you start a conversation with a statement concerning negotiations

[@hfmmin6761]

The 3 amigos acted like 3 stooges saying a lot of nothing

[@Ariana_GrandeFan2020]

Just like trump

[@CoolBreezeAnthony]

I hope someone in the White House is paying attention to this one. Rational thinking is needed.

[@changedusername159]

Any way to watch dbs broly online for English dub

[@utmizzou]

Nice leg. No one said anything. Can't we just keep on showing the leg.

[@jianyuhua]

Lewis W that’s what I think

[@gandorr10]

@@jianyuhua Agreed!Very nice legs to remember;

[@lindasmith7346]

She asks if they are concerned about ripples in the market, and (shocker !) 3 multibillionaires aren't worried ! Would you be in their positions ? Gates is a good monopolist, that's all. He followed the IBM model and used it against IBM with Microsoft. Not a visionary bone in his body. Buffett and Munger are brilliant, but they ave their interests. Think any owner of multinational businesses is going to say anything harsh about China ? Of course not, their job is to make their business successful. During the primaries, Bush tried to paint Trump as a closet Democrat by pointing to his attending Clinton functions and giving money to Democrats. Trump was very direct and honest answering, he pointed out that his job then was his business and he got along with all politicians to make the business successful. Buffett talked about what's the best outcome for everyone, but really misses the point (and I'm a fan). Trump's job now is NOT, repeat NOT "to do what's best for everyone". He said it constantly, and it's his job - "America First". That doesn't mean some race or ethnicity or gender, that is just simply to do the job of president, to be our advocate, for all of us, to get the best resolution for all of us in this country. Period.

[@latinlover744]

The top 3 wise men and gurus have a difficult time explaining.

[@dennispalacio6317]

The interview helps me fall asleep while the comment section keeps me awake😊

[@yuanxiangqi2519]

Dennis Palacio I find the comments are always more entertaining than the videos lol

[@bobanderson2895]

Didn't learn a thing from these guys. They all sound rather befuddled.

[@Chicofuran]

They could careless bc they are already rich.

[@rnghinlukc1815]

The world would be a much better place if either one of these three wise men becomes the president of the great USA. They are the symbiotic American spirit that inspired the world to make a better future. Existing government is spending unscrupulously from America’s credibility account which a lot of hard working Americans build through the years. And we all know that account is not without any limit.

[@mrhyde4991]

Exactly. With all the competent people in the country, how did we end up with fat Donnie?

[@tobyli52]

That is one expensive board to have.

[@fernfournier2772]

electricity pas de barage mes se servir juste de son courant naturel en place de le modifier