Billionaire hedge funder and Point72 CEO and Chairman Steve Cohen discusses his $2.4B purchase of the New York Mets, his investment in golf via the PGA and Tomorrow Golf League, and his bet on sports business. Cohen shares his view on AI equities and on the Federal Reserve’s goal of a 2% inflation rate. Plus, an update on the boardroom drama at Disney. 

Steven Cohen - 10:52

In this episode:
Steven Cohen, @StevenACohen2
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Andrew Ross Sorkin, @andrewrsorkin
Katie Kramer: @Kramer_Katie

Point72’s Steve Cohen: Owning the Mets & Betting on AI 04/03/24

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.

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We bring you to Omaha, Nebraska, with the tens of thousands of Berkshire shareholders that make the pilgrimage to Warren Buffett every spring. Hear the best of the Berkshire Hathaway Annual Meeting, including why Buffett trimmed his stake in Apple, how he made a losing bet on Paramount, and what Berkshire looks like, after he’s gone. Plus, the highlights from the convention center floor, where Berkshire’s 60+ portfolio companies sell their wares to fans. See’s Candy CEO Pat Egan, Lubrizol CEO Rebecca Liebert, and Pilot CEO Adam Wright are all ready to dazzle the Berkshire attendees. Plus, hear from shareholders themselves! The 14-year-old Warren Buffett fan Daphne Kalir-Starr is back for her 7th annual meeting, and she’s more “invested” than ever.

Squawk Pod Reports: 2024 Berkshire Hathaway Annual Meeting Part 1 05/06/24

“I’m an accidental guru.” He was irreverent, he was focused, he was one of the world’s most successful investors, and he was one of a kind. Billionaire investor Charlie Munger, the longtime right-hand man and close friend of Berkshire Hathaway CEO Warren Buffett, died a few weeks shy of what would have been his 100th birthday. Becky Quick, Squawk Box co-host, interviewed Munger two weeks before his death in his home in Los Angeles. In this special conversation, Charlie Munger reflects on his century of life, the childhood traumas that shaped him, the investing wins and losses that made his career, and the perspective and knowledge he gained in his final years. For more, revisit our 2021 Squawk Pod series, Warren Buffett and Charlie Munger: A Wealth of Wisdom.

Squawk Pod is produced by Katie Kramer, Cameron Costa, Karoline Rouhotas and Zach Vallese.  CNBC’s Managing Editor is Lacy O’Toole. John Lazration edited this podcast series.

BONUS: Charlie Munger: A Life of Wit and Wisdom 05/04/24

Becky Quick is in Omaha, Nebraska, awaiting the tens of thousands of Berkshire Hathaway investors attending the company’s annual shareholders meeting, where Warren Buffett will hold court. This year is the first annual meeting without the late Vice Chair Charlie Munger; Berkshire Hathaway lead director Sue Decker sits down with Becky Quick to discuss Munger’s legacy and the future of Berkshire. Plus, CEOs of Berkshire’s portfolio companies join Becky, BNSF CEO Katie Farmer, who discusses the headwinds for her railway business, and Brooks Running CEO Dan Sheridan, who’s eyeing running business in China. Plus, longtime shareholder and GAMCO CEO Mario Gabelli stops by, for an extended conversation about the markets, media consolidation, and Warren Buffett’s leadership. Tune into CNBC’s TV and digital channels this weekend to catch every minute of the 2024 Berkshire Hathaway Annual Meeting coverage. 

Sue Decker 5:21
Dan Sheridan 17:16
Katie Farmer 24:48
Mario Gabelli 32:54

In this episode:
Mario Gabelli, @MarioGabelli
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

Squawk Pod Reports: Berkshire Hathaway’s 2024 Annual Meeting 05/03/24

Approximately 300 people were arrested when the NYPD responded to protests at Columbia University and the nearby City College of New York. New York City Mayor Eric Adams discusses the city’s crackdown on college campus protests, the radicalization of youths, the immigration crisis, and more. House Select Committee on China Member Rep. Ro Khanna (D-Calif.) discusses the Biden administration’s sanctions on Chinese companies over suspected support for Russia in its war against Ukraine, as well as the fate of TikTok in the U.S. The Federal Reserve is holding rates steady; Stifel Chief Economist Lindsey Piegza breaks down the next steps in the Fed’s inflation fight. Plus, Tesla has reneged internship offers amid layoffs, and the National Labor Relations Board says Amazon CEO Andy Jassy broke federal labor law in his interviews with press. 

Mayor Eric Adams - 15:49
Ro Khanna - 28:24

In this episode:
Eric Adams, @NYCMayor
Ro Khanna, @RoKhanna
Lindsey Piegza, @LindseyPiegza
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

NYC Mayor Eric Adams & California Rep. Ro Khanna 05/02/24

Overnight, NYPD officers entered Columbia University’s campus and made roughly 100 arrests of protesters. Lawyer Jay Edelson filed a lawsuit against the school on behalf of a Jewish student who argues that the university failed to provide a safe learning environment. Edelson discusses the case and the stakes for schools across the country. Axios and Politico co-founder Jim VandeHei looks ahead to the 2024 election and former President Donald Trump’s plans for the country, should he win another term. Plus, Starbucks stock took a spill after its latest quarterly report, and cannabis is headed for a downgrade from the FDA. 

Jay Edelson - 13:52
Jim VandeHei - 26:05

In this episode:
Jim VandeHei, @JimVandeHei
Jay Edelson, @jayedelson
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY

Point72’s Steve Cohen: Owning the Mets & Betting on AI 04/03/24

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