Bill Smead, CEO at Smead Capital Management, shares his thoughts from Warren Buffett's annual letter to Berkshire Hathaway shareholders. Karen Ubelhart, Bloomberg Intelligence Senior Industrials Analyst, breaks down General Electric agreeing to sell its bio-pharma business to Danaher for $21.4 billion in a deal that deal eases debt concerns. Bryant VanCronkhite, Senior Portfolio Manager at Wells Fargo Asset Management, talks about investing in small cap stocks. Peter Aceto, CEO at CannTrust, discusses the cannabis producer's trading debut on the New York Stock Exchange. And we Drive to the Close of markets with Jack McIntyre, Portfolio Manager at Brandywine Global Investment Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan