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Kat Chiglinsky, Bloomberg News Finance Reporter, discusses Warren Buffett's investment ideas from his annual letter to Berkshire shareholders. Abhay Deshpande, CIO at Centerstone, explains how to find value in a highly priced market. Stephen Jones, CEO of Covanta, explains how government policies are impacting the waste management business. Max Baucus, Former U.S. Ambassador to China, discuss the possible elimination of Chinese presidential term limits and what that could mean for the rule of Xi Jinping. Carol and Cory hit today’s “Movers and Shakers” and Bloomberg Stocks Editor Dave Wilson has his “Stock of the Day.”