Warren Buffett Talks Cash and More at Berkshire Hathaway's Annual Meeting
On Saturday morning, some 12,000 people crowded around the Oracle of Omaha and an 11-ton mound of See's Candies at Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) first in-person shareholder meeting in three years.
Chairman and CEO Warren Buffett will be 92 in late August, and his longtime partner Charlie Munger will turn 99 on New Year's Day 2023. Having been born in the teeth of the Great Depression, Buffett has built a treasure trove of stories over the years. Through the end of 2021, Berkshire produced a compound annual gain of 20.1%, versus 10.5% for the S&P 500 with dividends reinvested. Wisdom and outperformance are two of the many reasons why millions tune into Berkshire Hathaway's annual meeting. Here are some preliminary takeaways from Buffett's opening remarks as well as the state of Berkshire right now.
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Source Fool.com
