4 Ways to Invest in Games

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This morning, Warren Buffett spoke about Apple s stock price on CNBCs Squawk Box. He had some advice for Tim Cook : Ignore Greenlight Capital s David Einhorn . Einhorn recently filed — then dropped — a lawsuit against Apple; Einhorn wants Apple to create a preferred stock that pays a dividend in perpetuity. I would ignore him, Buffet said. I would run the business in such a manner as to create the most value over the next five to 10 years. You cant run a business to push the stock price up on a daily basis. Berkshire has gone down 50 percent four times in its history. When that happens, if youve got money you buy it. You just keep working on building the value. In other words, Cook should use Apples massive pile of cash to buy back stock. He said he told Steve Jobs to do this, but Jobs didnt take the advice. I did talk with Steve Jobs a few years ago about what they might do with the cash. The best thing you can do with a business is run it well, and the shares will respond, Buffet said. When Steve called me, I said, Is your stock cheap? He said, yes. I said, Do you have more cash than you need? He said, a little. [laughs] I said, then buy back your stock. He didnt ... But if you could buy dollar bills for 80 cents, its a very good thing to do. Now Watch: Apples Answer To The Google Glasses Is Past The Experimental Stage // Please enable Javascript to watch this video More From Business Insider How Fixable Is Your Tablet? Heres A Ranked List Apple Invented A Tripod For Your iPad The Math Doesnt Lie: Tim Cook Needs To Stop Talking View comments
Fabulous Physics: Newton's Laws through Drag Queen Style
Dive into physics with a drag queen twist, exploring Newton's Laws of Motion with style and flair.