Warren Buffett's Letter to Reporters to Clear Up Misconceptions About the Microsoft Activision Deal

Warren Buffett is setting the record straight after The Wall Street Journal insinuated that Berkshire Hathaway might have had inside information on the Microsoft-Activision Blizzard deal that informed his own timely ATVI buy. Buffett said the stock buys were made by “one of the two investment managers who operate independently of me at Berkshire” – a reference to Berkshire investors Ted Weschler and Todd Combs – and were completed long before the acquisition was announced. Steve Ballmer, former Microsoft CEO and the company’s largest shareholder, discusses the Activision Blizzard deal, investing--or not investing--in the metaverse, inflation, and the markets. As founder of the non-partisan, nonprofit data organization USA Facts, Ballmer shares data on the US population amid the pandemic, as well as misinformation. The Ukraine-Russia crisis entered a tense new day, as reports indicated there were new outbreaks of violence and ceasefire violations. Plus, happy fry-day!

In this episode:
Steve Ballmer, @Steven_Ballmer
Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

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