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Berkshire Hathaway event gives good view of Warren Buffett’s successor but also raises new questions
7 months, 2 weeks ago

Berkshire Hathaway event gives good view of Warren Buffett’s successor but also raises new questions

Associated Press  

This year’s Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company’s investments after he takes over, raising new questions about the succession plan. Buffett, …

Business Think Good Ceo Berkshire Hathaway Warren Buffett Abel
Warren Buffett says AI may be better for scammers than society. And he’s seen how
7 months, 3 weeks ago

Warren Buffett says AI may be better for scammers than society. And he’s seen how

Associated Press  

— Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become “the growth industry of all time.” Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of AI. The meeting opened with a video …

Companies Share Ai Omaha Jain Meeting Warren
Investing guru Warren Buffett draws thousands, but Charlie Munger's zingers will be missed
7 months, 3 weeks ago

Investing guru Warren Buffett draws thousands, but Charlie Munger's zingers will be missed

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. But a key ingredient will …

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Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire’s successes
10 months ago

Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire’s successes

Associated Press  

— Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he has received the credit for leading and warned shareholders in his annual letter Saturday not to listen to Wall Street pundits or financial advisers who urge them to trade often. That would be like finding gold and …

Investors Share Class Billion Letter Wall Street Ready
Board member: 92-year-old Buffett won’t be replaced soon
1 year, 7 months ago

Board member: 92-year-old Buffett won’t be replaced soon

Associated Press  

— Investors shouldn’t expect a change of leadership at the top of Berkshire Hathaway anytime soon, even though Chairman Warren Buffett is 92 and his partner Charlie Munger is 99, one longtime board member said Thursday. He said the board has total confidence in Abel, who led Berkshire’s massive utility unit starting in 2008 before taking his current vice chairman …

Olson Buffett Board Member Berkshire Abel
Buffett says people shouldn’t worry about Berkshire, banks
1 year, 8 months ago

Buffett says people shouldn’t worry about Berkshire, banks

Associated Press  

— Billionaire Warren Buffett assured investors Wednesday that Berkshire Hathaway will be fine when he’s no longer around to lead the conglomerate. “The problem for our board of directors is the day I’m not around and Greg’s running it, I am not giving him some envelope that tells him what to do next,” Buffett said. Buffett and Abel fielded a …

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When Buffett is gone, Abel will take over as Berkshire CEO
3 years, 7 months ago

When Buffett is gone, Abel will take over as Berkshire CEO

Associated Press  

— Vice Chairman Greg Abel will succeed billionaire Warren Buffett as Berkshire Hathaway CEO, according to a report. Buffett confirmed the succession plan Monday to CNBC after Berkshire Vice Chairman Charlie Munger let slip the plan during during the company’s annual meeting on Saturday. Buffett said that if for some reason Abel couldn’t do the job, then Vice Chairman Ajit …

Company Brooks Ceo Chairman Buffett Berkshire Seifert
Headwinds facing Buffett’s Berkshire Hathaway have some investors fretting
3 years, 7 months ago

Headwinds facing Buffett’s Berkshire Hathaway have some investors fretting

Live Mint  

For some Berkshire Hathaway shareholders a list of post-pandemic challenges including looming inflation, a dearth of acquisitions and more environmental and social disclosure demands are prompting a rethink on Warren Buffett's conglomerate. Making money at Berkshire used to be like "shooting fish in a barrel," Buffett's long-time business partner Charlie Munger said at its annual meeting on Saturday. Several Berkshire …

Companies Billion Munger Shareholder Abel Investors Fretting Berkshire Buffett