From Investing.com: 2024-05-04 15:10:26

Warren Buffett paid tribute to Charlie Munger at Berkshire Hathaway’s annual meeting, discussing succession plans with Greg Abel. Buffett praised Abel’s management skills, stating he trusts him with key decisions like capital allocation. Abel reiterated Berkshire’s commitment to sound investment principles during the transition. Buffett shared insights on current investments like Apple and Coca-Cola, expressing confidence in their continued success. The company’s cash position, tax policy, and future opportunities were also discussed in detail. Buffett highlighted the global impact of Coca-Cola and the potential of artificial intelligence.



Read more at Investing.com: Buffett talks succession and Berkshire’s future at annual meeting By Reuters