Subject of emergency alert message arrested - May 2, 2024 | SaltWire #dartmouth #update #suspectOMAHA, Nebraska - Warren Buffett will command center stage at Berkshire Hathaway's annual meeting on Saturday, but someone who won't be there -- his influential sidekick Charlie Munger -- will loom large.
Anecdotes and repartee between Buffett and Munger have been highlights of past meetings. Munger was known for his laconic and acerbic comebacks to Buffett's often lengthy appraisals of Berkshire, the economy, Wall Street and life. Investors want to learn how Berkshire will meet challenges such as figuring out how to grow without overpaying for acquisitions, whether to pay a dividend and how to deploy $167.6 billion of cash.
When Buffett is no longer in charge, his oldest son, Howard, is expected to become non-executive chairman, to preserve the culture. During Saturday's questioning, the executives may be asked how the Federal Reserve's struggle to lower inflation weighs on Berkshire's consumer-oriented operations.
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