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2024-05-04 18:21:32

Yahoo Finance on Nostr: Berkshire Hathaway annual shareholders meeting: Warren Buffett takes stage without ...

Berkshire Hathaway annual shareholders meeting: Warren Buffett takes stage without Charlie Munger for first time
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Warren Buffett takes the stage at the Berkshire Hathaway annual shareholders meeting without Charlie Munger for the first time. Munger passed away late last year at the age of 99. Buffett, along with Berkshire vice chairs Greg Abel and Ajit Jain, answered questions from shareholders. Buffett discussed the company's decision to pare its holdings of Apple and the growing pile of cash and Treasury holdings. He also expressed caution about AI and reiterated his commitment to investing in the United States. Buffett revealed that the two stocks Munger argued hardest for were BYD and Costco. Berkshire's first quarter earnings showed a record operating profit, but investment gains were down due to Apple's decline. Berkshire also lightened up its Apple holdings during the first quarter.

#BerkshireHathaway #WarrenBuffett #CharlieMunger #AnnualShareholdersMeeting #Apple #Byd #Costco #Investments #Ai #UnitedStates

https://finance.yahoo.com/news/live/berkshire-hathaway-annual-shareholders-meeting-warren-buffett-takes-stage-without-charlie-munger-for-first-time-132011030.html
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