The absence of Charlie Munger will be on everyone's mind when Berkshire Hathaway's annual shareholder meeting kicks off Saturday in Omaha.
Some 30,000 rapt shareholders are descending on Omaha for what's been called "Woodstock for Capitalists." Pandemic lockdown apart, it will be the first without Munger, Buffett's longtime partner who"The meeting will only have one comedian up there" this year, said David Kass, a finance professor at the University of Maryland and a Berkshire shareholder, who has attended more than 20 annual meetings.
"The tone of the meeting is certainly going to be a lot different without Charlie," said Steve Check, CEO of Check Capital Management and a longtime Berkshire shareholder. "He was the one that really made it funny. It's getting closer and closer to the transition, so it's good to see Ajit and Greg on the stage."
If anything, the sea of Buffett admirers will cherish his folksy wisdom even more as the "Oracle of Omaha" turns 94 in less than four months.Price pressures have proved sticky lately.
Berkshire Hathaway Inc Markets Stock Markets Wall Street Investment Strategy Breaking News: Business Breaking News: Investing Breaking News: Markets Warren Buffett Charlie Munger Business News
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Berkshire Hathaway board feels sure Greg Abel is the man to eventually replace Warren BuffettEveryone knows Warren Buffett’s successor won’t be able to match the legendary investor. But Berkshire Hathaway’s board remains confident Greg Abel is the right guy to one day lead the conglomerate into the future.
Read more »
Berkshire Hathaway board feels sure Greg Abel is the man to eventually replace Warren BuffettEveryone knows Warren Buffett’s successor won’t be able to match the legendary investor.
Read more »
Berkshire Hathaway board feels sure Greg Abel is the man to eventually replace Warren BuffettEveryone knows Warren Buffett’s successor won’t be able to match the legendary investor.
Read more »
Here are Friday's biggest analyst calls: Apple, Target, Coinbase, Berkshire Hathaway, Estee Lauder & moreHere are the biggest calls on Wall Street on Friday.
Read more »
Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuitsA real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide.
Read more »
Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuitsA real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide.
Read more »