Warren Buffett highlights | Recap of Berkshire Hathaway's annual meeting | Charlie Munger calls bitcoin 'disgusting'

Warren Buffett and Charlie Munger reunited at Berkshire Hathaway's annual shareholder meeting Saturday, and the energetic duo made a wave of headlines on everything from bitcoin to Robinhood to SPACs.

VIEW IN BROWSER | SUBSCRIBE SAT, MAY 01, 2021 WEEKEND BRIEF EDITOR'S NOTE This is a special edition of CNBC's "Weekend Brief." Warren Buffett and Charlie Munger reunited at Berkshire Hathaway's annual shareholder meeting Saturday, and the energetic duo made a wave of headlines on everything from bitcoin to Robinhood to SPACs.   The 90-year-old Buffett addressed his sale of airline stocks last year, which was viewed by many as a mistake since he missed the shares' rapid comeback. The legendary investor said the sale wasn't one of his greatest moments, but he still sees long-term issues with the airline industry and is not buying back in.   Buffett also weighed in on the white-hot SPAC market, saying that the mania won't last forever but it makes the deal-making environment more competitive. "It's a killer…If you put a gun to my head to buy a business in two years, I'd buy one," Buffett said with a laugh. "That won't go on forever, but it's where the money is now and Wall Street goes where the money is."   When it came to bitcoin, 97-year-old Munger didn't hold back. He said he doesn't welcome a currency "that's so useful to kidnappers and extortionists" and he went so far as to say the digital asset is "disgusting and contrary to the interests of civilization."   The two also issued a dire warning against commission-free trading app Robinhood. Buffett said it was feeding off the speculative trading in the stock market and contributing to it. In Munger's words, Robinhood is "god awful" and "deeply wrong."   Read all the highlights below. Yun Li | CNBC Markets and Investing Reporter @YunLi626 THE WEEK AHEAD More earnings, April's big jobs report and inflation worries could swing markets in the week ahead   MICHAEL SANTOLI'S MARKET COLUMN The market's rally into spring could make way to some choppiness ahead if past patterns hold YOUR WEEKEND BRIEFING  A full recap of the best moments from Berkshire Hathaway's annual meeting Charlie Munger calls bitcoin 'disgusting and contrary to the interests of civilization' This is the special lesson Warren Buffett gave new stock investors at his annual meeting Warren Buffett has most of Berkshire's portfolio tied up in just 4 stocks. Here's what they are Warren Buffett says Robinhood is catering to the gambling instincts of investors Berkshire Hathaway's operating earnings jump, Buffett continues to buy back stock     Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS