Warren Buffett confirms that Abel, who oversees the company's non-insurance operations, will run the company when Buffett steps down someday. 'Greg will keep the culture,' says vice chairman Munger.
The revenues and profits of Berkshire's companies are strongly rebounding after the pandemic. But some of the toughest questions Buffett faced related to how he responded early in that crisis.
Normally, 40,000 shareholders flock to Omaha for Berkshire Hathaway's annual meeting. But for a second year, Saturday's event can only be seen via livestream — this time, from Los Angeles.
Shareholders and the wider world will be tuned in this weekend as the socially distanced Berkshire chairman weighs in on the future of the national and world economies — many likely hoping to hear some soothing words from Omaha’s oracle.