Berkshire Hathaway has first annual meeting since death of longtime vice chairman Charlie Munger

Warren Buffett referred to close friend Charlie Munger as the 'the architect of Berkshire Hathaway.'

Warren Buffett 's Berkshire Hathaway gathered for its first annual meeting in an Omaha arena on Saturday, bringing together shareholders for the first time since the death of longtime vice chairman and right-hand man Charlie Munger. Tens of thousands of shareholders filled the arena eager to vacuum up tidbits of wisdom from billionaire Buffett, who famously dubbed the meeting 'Woodstock for Capitalists' and to pay tribute to Munger, who died at 99 in November.

Morningstar analyst Greggory Warren said he hopes Abel will speak up more this year and let shareholders see some of the brilliance Berkshire executives talk about. Ever since Munger let it slip at the annual meeting three years ago that Abel would be the successor, Buffett has repeatedly reassured investors that he's confident in the pick.

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