Warren Buffett's Annual Meeting: A Look at Berkshire Hathaway's Future and Reflections on the Past
Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, held his annual meeting in Omaha, Nebraska on May 4, 2024. The event drew thousands of shareholders from around the world who were eager to hear Buffett's insights on the economy and Berkshire Hathaway's future.
During the meeting, Buffett paid tribute to his longtime business partner and friend Charlie Munger, who passed away in November 2023 at the age of 99. Buffett expressed his hope that he and the audience would attend next year's annual meeting.
Buffett also discussed Berkshire Hathaway's succession plans. He named Greg Abel as his successor as CEO in 2021, and Abel sat on stage with Buffett during the meeting. Buffett praised Munger for his role in building Berkshire Hathaway and for never lying to him.
Berkshire Hathaway is primarily focused on investing in the United States. The company's portfolio includes well-known brands such as Apple Inc., American Express, and Coca-Cola. Buffett expressed his intention to attend next year's meeting.
Thousands of shareholders arrived in Omaha for the annual meeting, taking the day to visit Warren Buffett's home and shop at CHI Heath Center on Thursday where vendors had set up and attendees could pick up credentials for the 5K. Saturday featured a full schedule including shopping at CHI Health Center, a movie about the company, and a Q&A session with Warren Buffett joining for the Saturday afternoon session.
Despite his age, Buffett remains energetic and engaged in Berkshire Hathaway's operations. He continues to identify successful companies and invest money to make them grow. The billionaire knows how to draw a crowd with his annual Berkshire Hathaway Shareholders Meeting.