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Buffett successor Greg Abel is a ‘regular guy’ from Iowa with a ‘shocking workload’

Reuters

Warren Buffett’s ‘Woodstock for Capitalists’ a smaller affair after pandemic

OMAHA, Neb. (Reuters) -Warren Buffett’s Berkshire Hathaway Inc will hold its annual shareholder meeting in person on Saturday for the first time since before the pandemic, but the extravaganza dubbed “Woodstock for Capitalists” is likely to see fewer people and pared-back events. Buffett, 91, chairman and chief executive officer of Berkshire, and Vice Chairman Charlie Munger, 98, will answer shareholder questions for roughly five hours when the meeting convenes in Omaha, Nebraska. Shareholders likely will address issues such as recent investments, a still-swollen cash pile, share buybacks, rising inflation and supply chain disruptions, and even whether someone other than Buffett should chair the company.

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