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Welcome to Industry Focus, the show that dives into a different sector of the stock market every day.

It's Monday, August the 6th, and on today's financial show

we're talking about Warren Buffett's Berkshire Hathaway.

We'll discuss their latest quarterly performance.

What's up with that massive pile of cash

they've been hoarding and how that's forcing Buffett and company

to change their minds when it comes to one particular corporate role.

We'll dive into what that change is and ultimately what it means for Berkshire shareholders.

I'm your host Shannon Jones and I'm joined in the studio via Skype with Financial's

Guru and one of the hardest working fools I know Matt Frankel.

Matt how are you?

How's everything over there? It's going well I must say the the heat is taking over here in DC but I will take the

heat over the torrential downpours any day. Yes definitely South Carolina is hot

and rainy.

Same here.

...