Warren Buffett, Omaha
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I saw rare treasures, spoke to shareholders from all walks of life, visited historic locations, and saw firsthand how big Warren Buffett is in Omaha.
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Legendary investor Warren Buffett is a tough act to follow. But the “Oracle of Omaha” said his successor Greg Abel is ready for the challenge.
Berkshire Hathaway CEO Warren Buffett said it would be "unfair" not to let his successor, Greg Abel, take over the top job at the conglomerate.
Buffett's decision, revealed at Berkshire's annual meeting, stunned shareholders, earning a standing ovation. 'I didn't really start getting old until I was about 90,'
Even though Warren Buffett hasn't made any specific mention of the Shiller P/E, or any valuation index for that matter, his actions -- i.e., 10 consecutive quarters of net-selling activity and Berkshire's record cash pile -- make crystal clear that stock valuations aren't attractive.
Attendees of the annual meeting could buy an exclusive anniversary book titled "60 Years of Berkshire Hathaway" on site. However, 18 copies signed by Buffett and author Carrie Sova, were only available via an auction to benefit Stephen Center, a shelter serving the Nebraska city where Berkshire is headquartered.
Buffett once described Berkshire as his “painting”. Over the past 60 years, that canvas has expanded into a giant mural of sorts
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