Three Minutes With a Berkshire Billionaire

Oct. 2 (Bloomberg) –- Bloomberg Television's Betty Liu talks to a man who's become a billionaire thanks to investing in Berkshire Hathaway. In 1980, Stewart Horejsi bought 40 shares of Berkshire Hathaway for $265 each. He bought another 60 shares two weeks later at $295 and 200 more at $330 a month after that. Today he's a billionaire. (Source: Bloomberg)

How Long Will Chinese Growth Rates Decline For?
30:00 - China’s foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. UBS Head of Global Asset Allocation Mads Pedersen discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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