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President-elect Donald Trump has nominated retired Marine Gen. James Mattis for the post. Trump has not said if or how he will alter the U.S. course in Afghanistan, but has denounced what he calls U.S. nation-building projects. The U.S. has about 10,000 troops in Afghanistan to train and advise Afghan security forces combatting a resilient Taliban insurgency. U.S. special operations forces are hunting down al-Qaida and Islamic State militants. Carter's visit comes amid concerns that despite improvements in Afghan government defenses, Taliban forces are gaining leverage and are continuing to use neighboring Pakistan as a sanctuary.
If you just look backto the beginning of July, since then, some of these stocks have rallied by more than 50%. So,just because Berkshire was interested four or fivemonths ago, it doesn't mean thatthey would go and do the same thing today. O'Reilly: That's a good point. Levine-Weinberg: That's whyyou as an investor shouldn't necessarily run out and say, "Warren Buffett bought a bunch of airline stocks, I should too!" O'Reilly: Right. Really quick, Buffett likesmonopolies. Not literal monopolies, but consumer monopolies. And this isn't a monopolisticsituation,but it feels a little bit like, possibly, anoligopolistic, just like, there's three or four big players that are reallycrushing it and actually making money finally. Is that part of his thinking? "They deregulated in '78, it's been anabsolute massacre in terms of competition for 30 years.
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