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[ad_1] Warren Buffett said he's happiest when eating dessert and drinking Coke — and would give up a year of his life to keep doing so. "I always tell people: I found everything I like to eat by the time I was six," Buffett said Wednesday in an interview with Becky Quick on CNBC's " Squawk Box" in Tokyo. "I mean, why should I fool around with all these other foods?" The 92-year-old, with a diet that famously consists of junk food and sugary beverages , said it would hypothetically be better to lose a year of his life than to eat foods considered healthier. The Berkshire Hathaway chairman and CEO is known for, among other habits, stopping at McDonald's each day on the way to work for breakfast. And Buffett said he had Hershey's Kisses before the interview. "I know all these people eat all these green things and everything," he said. "But if somebody told me I would live an extra year if I ate nothing but broccoli and ...

[ad_1] Charlie Munger, long regarded as CEO Warren Buffett's right-hand man at Berkshire Hathaway, has died at age 99.  Munger died Tuesday in a California hospital, Berkshire Hathaway said in a statement posted on its website. Munger, who was Berkshire Hathaway's vice chairman, is credited with helping Buffett build the company into a legendary financial firm known for its canny investments in companies such as Apple and GEICO, leading to spectacular stock gains over the past several decades. "Berkshire Hathaway could not have been built to its present status without Charlie's inspiration, wisdom and participation," Buffett said in the statement. Indeed, Buffett's 2022  annual letter  to shareholders calculated that Berkshire Hathaway's shares had gained more than 3,787,000% from 1965 through 2022, compared with a 24,700% gain in the S&P 500 over the same period.  Munger served as a sounding board on investmen...

[ad_1] OMAHA: Warren Buffett 's company has reported a nearly $13 billion loss in the third quarter as the paper value of its investments fell, but the companies it owns - particularly the insurers - generally performed well. Berkshire Hathaway said Saturday that it lost $12.8 billion, or $8,824 per Class A share, in the quarter. That's significantly bigger than the $2.8 billion loss, or $1,907 per Class A share, that it reported a year ago. But most of those investment losses are unrealized because Berkshire didn't actually sell most of its stocks with its biggest holding being a massive stake in Apple. Accounting rules require it to include the value of its investments, which it put at $341.1 billion at the end of the quarter, in its earnings. Last quarter, it said its stock portfolio was worth $353 billion. That's why Buffett has long said investors are better served focusing on Berkshire's operating earnings, which exclude the value of its investments t...