From Investing.com: 2024-05-04 06:56:11

Warren Buffett is set to speak at Berkshire Hathaway’s annual meeting, marking his 60th year overseeing the company. Shareholders eagerly anticipate insights from the investing legend and potential successor Greg Abel. Attention is also on Berkshire’s future growth strategies, use of $167.6 billion in cash, and the absence of Buffett’s longtime partner Charlie Munger. Berkshire Hathaway is a massive $862 billion conglomerate with a diverse portfolio and substantial stock holdings. Buffett faces inquiries on various topics, including investments and market conditions. The meeting also includes voting on proposals and opportunities for shareholders to purchase merchandise from Berkshire-owned companies. Buffett’s succession plan is a key focus, with shareholders expressing trust in the company’s leadership continuity.



Read more at Investing.com: Berkshire shareholders descend on Omaha as annual meeting kicks off By Reuters