6/9/2014

A stock pick from Warren Buffett's stock picker

Enter Symbols

HOME U.S.

NEWS

MARKETS

INVESTING

GO

TECH

Enter Keywords

GO

SMALL BUSINESS

VIDEO

SHOWS

WATCH LIVE

PRO

REGISTER | SIGN IN

BERKSHIRE HATHAWAY PORTFOLIO TRACKER

A stock pick from Warren Buffett's

stock picker
Alex Crippen | @alexcrippen

COMMENT Join the Discussion

Monday, 3 Mar 2014 | 2:37 PM ET

MORE FROM CNBC

Recommended by

Warren Buffett isn't the only person at Berkshire Hathaway making

Why older couples are skipping marriage

decisions on stocks to buy and sell. In the last few years, he's brought on two
portfolio managers, Todd Combs and Ted Weschler.

S&P upgrades Irelands rating, growth forecast

Along with Tracy Britt Cool, his financial assistant, they are what he calls his
"three Ts." They generally keep a very low profile.

BofA could pay over $12B to settle probes: Report

Wal-Mart 'profoundly sorry' for Tracy Morgan crash
A warning from the 'father of the VIX'
Strong Dow, S&P gains end week at records

But Monday, for the first time ever, they joined their boss for a live

Possible first Obamacare ID theft ever in Conn.

appearance on CNBC's "Squawk Box."

Alibaba employees in for $40 billion windfall

Dollar rises vs yen on jobs data, euro steady
Ready for market's jobs reaction? Just stay loose

SPONSORED

The Wrong Location Will

http://www.cnbc.com/id/101461156

Recommended by

The Greatest Market

1/5

6/9/2014

A stock pick from Warren Buffett's stock picker

Warren Buffett's secret: Read 500 pages a week

Kill Your Business. Here's

How

Crash In History: Is It
Around the

(ShopKeep)

(Farnsfield Research)

Feel Like an Imposter at

Work? Youre Not Alone

Three Reasons to Invest

in Robotics

(Work Intelligently)

(ThinkAdvisor)

Monday, 3 March 2014 | 1:22 EST | 2:58

CNBC's Becky Quick provides details from her interview with Warren Buffett on the
U.S. economy, and advice from Berkshire Hathaway's investment managers Todd
Combs and Ted Weschler.

FEATURED

(Read more: Warren Buffett: Ukraine won't stop my stock buying)

Weschler, hired in late 2011 after paying a total of $5.3 million in charity

Singapore man pays $2.2M for Buffett

meal
A lunch with Warren Buffett has been bought by
Andy Chua from Singapore for 2,166,766 in an
annual charity auction.

auctions for two meals with Buffett, has been accumulating shares of dialysis
company DeVita HealthCare Partners since he came aboard.

Buffett's charity lunch bid tops $1M

In its most recent SEC filing on the stock, Berkshire said it owned 37.6

Warren Buffett's annual auction to benefit a San

Francisco charity has drawn a bid of more than
$1 million, surpassing last year's top offering.

million shares, about 17.7 percent of DeVita's shares outstanding. That stake
has a market value of $2.58 billion at its current market price.

Why Buffett and Google love the

Mojave
The U.S. is the third-largest solar market, and
it's growing rapidly because of private
investment and federal support.

Two stocks costing Buffett $500M this

year
Warren Buffett may have a magic touch with
stocks, but two stocks have tarnished that touch
for the year. USA Today reports.

MORE FROM BUFFETT WATCH

Lunch with Warren Buffett up for grabs in auction
Lacy O'Toole | CNBC

Team Buffett: Todd Combs (L), Ted Weschler (C) and Tracy Britt Cool (R).

Can Buffett's Dairy Queen make it in Manhattan?

Warren Buffett raises his bet on Wal-Mart
Secret to Berkshire's success might surprise you

During the live interview, Weschler explained why he likes the stock:

CNBC Transcript: Buffett, Munger and Gates

Buffett: Congress likely to tackle tax-dodging
mergers

"The broad filters that I apply for health-care investing in general is,
No. 1: Does the health-care company deliver better quality of care
than someone could get somewhere else? And DeVita falls into that.

Gates, Munger & Buffett slam high-speed trading

"No. 2: Does it deliver a net savings to the health-care system? In

other words, is the total bill for U.S. health-care cheaper because of
the efficiency the company provides? DeVita checks that box.

Buffett postgame: It's 'human' for CEOs to overreach

"And lastly: do you get a higher return on capital, predictable growth

and shareholder-friendly management? Absolutely ...

Buffett, Munger call themselves a couple of...

Gates: New CEO pushes Microsoft to move faster

Alex Crippen
Senior coordinating producer at CNBC

"You've got health care is 17, 18 percent of GDP...

http://www.cnbc.com/id/101461156

2/5

6/9/2014

A stock pick from Warren Buffett's stock picker

"I'm not sure what the stock will do over the next year or the next two
years. But very comfortable that five years from now it will be a more
valuable franchise."

INVESTING
Cramer: Does this pet stock have legs?
Growing market bullishness not a concern yet
Is Tesla becoming yesterday's fashion?

DVA

Name Price

Change

%Change

DaVita HealthCare Partners Inc 71.93

0.02

0.03%

Volume

536050

After-hours buzz: Casey's General Stores, eBay &

more
Why the next market milestone could come this
week

By CNBC's Alex Crippen. Follow him on Twitter: @alexcrippen

TOP NEWS & ANALYSIS
Alex Crippen
Donald Sterling: LA Clippers are not for sale

Senior Coordinating Producer

Stocks versus bonds - one market could get pounded

4 in 10 millennials overwhelmed by debt: Study
Conn. GOP was first tipped to Obamacare breach

RELATED TOPICS

Before deadly crash, senators suggested rest rollback

Warren Buffett Watch Squawk Box U.S. Stocks Warren Buffett

Berkshire Hathaway Inc DaVita HealthCare Partners Inc

MOST POPULAR STORIES

Apple shares remain cheap, pro says

BRK.A
DVA

Price

Change

191917.00

-978.00

-0.51%

71.93

0.02

0.03%

MORE FROM CNBC

%Change

Clintons were 'dead broke' after White House

Who willand wontbenefit from student loan aid
Chip-enabled 'smart' credit cards coming to US
Before deadly crash, senators suggested rest rollback

Recommended by

MOST POPULAR VIDEO

Deutsche Bank capital hike prices at 24% discount

Huge volume in Apple

BMW supplier Faurecia closing SC plant

See short-term correction: Pro

Why prepaid wireless plans could get more pricey

Closing Bell Exchange: Global growth picture

iWatch, iPhone potent combo: Analyst

Ukraine's Poroshenko sworn in as president

Apple splits: Now what?

Want work? Try nukes, where workforce is aging out

MOST SHARED

Expect Apple dip after stock split: Technician

Who willand wontbenefit from student loan aid

SPONSORED

Recommended by

Chip-enabled 'smart' credit cards coming to US

Millionaire population is soaring! Up 19% last year
Retirement savings fears grip Americans
Get ready, robots are about to steal your job

Michael Jordan's Mega

Estate Is Just As
Luxurious As You'd
Expect (Photos)

How to Manage a Recall

Effectively

Are We at the End of

Email?

(Stericycle
ExpertSOLUTIONS)

(Work Intelligently)

(Lonny Magazine)

http://www.cnbc.com/id/101461156

3/5

6/9/2014

A stock pick from Warren Buffett's stock picker

Sponsored

Sponsored

Buy Stocks Online

Sustainable Development

1. Highest Dividend Stocks

Discount Stock Brokers

Stock Charts

2. Long-Term Investments

Value Investing

Warren Buffett Biography

3. Warren Buffett Stock Picks

Live TV Channels

Watch Movies Online

4. Top Stock Picks

Green Products

Environmental Management

1 Comment

CNBC

5. 10 Best ETFs

Login

Sort by Newest

Share

Favorite

Join the discussion

William hall

3 months ago

Misspelled devitav
Reply Share

WHAT'S THIS?

AROUND THE WEB

World News

Disqus

Pope Francis
Reveals He
Used to Work as
a Bar Bouncer

How to Attract
App Downloads
Advertising
Spike 91 Percent Revenue Without
on Christmas
Banner Ads
World News

ALSO ON CNBC

4 in 10 millennials overwhelmed by
debt: Study 107 comments

Cramer: Aggressive M&A suggests

shares undervalued 7 comments

Negative interest rates? Forget it.

Try this 32 comments

Clinton says pair 'dead broke' after

White House 62 comments

Subscribe

Add Disqus to your site

N EW S

MARKETS

IN VESTIN G

TECH

SMALL BUSIN ESS

VID EO

SHOW S

Economy
Finance

Pre-Markets
U.S.

Financial Advisors
Personal Finance

Re/code
Mobile

Franchising
Financing

Latest Video
Digital Workshop

Watch Live
CNBC U.S.

http://www.cnbc.com/id/101461156

4/5

6/9/2014

Health Care
Real Estate
Retail
Wealth
Autos
Earnings
Energy
Media
Politics
Commentary
Special Reports
Asia
Europe

A stock pick from Warren Buffett's stock picker

Asia
Europe
Stocks
Commodities
Currencies
Bonds
Funds
ETFs

CNBC Explains
Portfolio
Watchlist
Stock Screener
Fund Screener

Social Media
Enterprise
Gaming
Cybersecurity

Management

U.S. Video
Asia Video
Europe Video
CEO Interviews
Analyst Interviews
Full Episodes
Closed Captioning

CNBC Asia-Pacific
CNBC Europe
CNBC World
Full Episodes

About CNBC Site Map Video Reprints Advertise Careers Help Contact Corrections Newsletters
Privacy Policy - UPDATED

AdChoices Terms of Service (New) Independent Programming Report Latest News Releases RSS

Data is a real-time snapshot *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis
2014 CNBC LLC. All Rights Reserved.

http://www.cnbc.com/id/101461156

Data also provided by

5/5