TEFFEN, ISRAEL - SEPTEMBER 18: American billionaire investor Warren Buffett (R) gives a press conference with his business partner Charlie Munger at the Iscar Metalworking headquarters September 18, 2006 in the Teffen industrial zone in northern Israel. Buffett, whose company Berkshire Hathaway bought an interest in Iscar Metalworking for USD 4 billion earlier this year, is on a two-day tour of Israel, visiting Iscar's plants and meeting with Israeli political and business leaders. Getty Images logo Getty Images 34 months ago

TEFFEN, ISRAEL - SEPTEMBER 18: American billionaire investor Warren Buffett (R) gives a press conference with his business partner Charlie Munger at the Iscar Metalworking headquarters September 18, 2006 in the Teffen industrial zone in northern Israel. Buffett, whose company Berkshire Hathaway bought an interest in Iscar Metalworking for USD 4 billion earlier this year, is on a two-day tour of Israel, visiting Iscar's plants and meeting with Israeli political and business leaders.

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  9. Billionaire financier and Berkshire Hathaway CEO Warren Buffett (R) and Charlie Munger, Berkshire Hathaway vice chairman, are seen on a screen during the annual shareholders' meeting in Omaha, Nebraska May 2, 2009.
  10. Warren Buffett, CEO of Berkshire Hathaway, right, and Charlie Munger, his vice chairman, are projected on a large screen at the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Saturday, May 2, 2009. Billionaire Warren Buffett spoke briefly before the opening of the annual meeting for his Berkshire Hathaway Inc., expected to draw an audience of roughly 35,000 people. Buffett said the U.S. government is taking the correct actions to help the economy recover. But he said he can't predict how quickly the economy and the markets will improve. Buffett and his partner, Charlie Munger, are expected to spend more than five hours answering questions at the Berkshire meeting.
  11. FILE - In this May 2, 2009 file photo, Warren Buffett, CEO of Berkshire Hathaway, right, and Charlie Munger, his vice chairman, are projected on a large screen at the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Berkshire Hathaway Inc. releases quarterly earnings report at the close of the market Friday, May 8, 2009.
  12. Berkshire Hathaway shareholders watch the performance of a country band, as caricatures of Warren Buffett, CEO of Berkshire Hathaway, left, and Charlie Munger, his vice chairman, right, as wanted men, are shown on tables at the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Saturday, May 2, 2009.
  13. Merchandise bearing images of Warren Buffett, right, and his right-hand man Charlie Munger, left, are offered for sale at the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Friday, May 1, 2009. Warren Buffett's famed Woodstock for capitalists begins Friday with various official and unofficial events. About 35,000 shareholders are expected to participate in Berkshire Hathaway's annual meeting Saturday despite what was, by some measures, a disappointing 2008 for Buffett's investment company.
  14. Charlie Munger, Berkshire Hathaway's vice chairman and Warren Buffett's right-hand-man, is seen prior to the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Saturday, May 2, 2009.
  15. Berkshire Hathaway CEO Warren Buffett, plays bridge with shareholders while holding a hand of cards bearing a caricature of Berkshire vice-chairman Charlie Munger at the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Sunday, May 3, 2009.
  16. Warren Buffett, CEO of Berkshire Hathaway, right, sits with his children from left: Peter, Howard and Susie, before the screening of the company movie that traditionally opens the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., Saturday, May 2, 2009. Buffett spoke briefly before the opening, expected to draw an audience of roughly 35,000 people. Buffett said the U.S. government is taking the correct actions to help the economy recover. But he said he can't predict how quickly the economy and the markets will improve. Buffett and his partner, Charlie Munger, are expected to spend more than five hours answering questions at the Berkshire meeting.

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