It Took a While, But Buffett Confirms: He Has a Successor

Berkshire Hathaway’s annual meeting was rolling along, this year a virtual Woodstock for Capitalists. Earnings were up, and CEO Warren Buffett talked share buybacks, Robinhood, inflation, and his decision to sell airline shares. The big question—succession—hung in the air, as it will when the CEO is 90. Then, Buffett’s longtime wingman, Vice Chairman Charlie Munger, 97, responded to a question about corporate culture with, “Greg will keep the culture.

Abel owns about 1% of the energy business, probably worth over $500 million. Berkshire executives don’t get paid in stock, and Abel only has $3 million in shares. But given Berkshire’s culture of stock ownership—Buffett owns $100 billion in stock—he may feel pressure to boost his stake. The Bureau of Labor Statistics releases the Job Openings and Labor Turnover Survey for March. Economists forecast 7.5 million job openings on the last business day of March, a bit more than February’s 7.4 million.NXP Semiconductors holds a conference call with analysts to discuss its automotive division.

It’s Munger

His successor waited 60 years for this moment.

Oh no...lol but at this point Elon is the new Buffet of every generation below the boomers.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Ontroerend Goed took their confrontational drama onlineThe shock value of an Ontroerend Goed production depends on in-yer-face physicality and on the actors’ mastery over a room. Online, the balance of power shifts Can we go somewhere today? Tears grips my heart knowing how hard I've struggled to find a legit trader. I never wanted to do this but I'll be guilty if i don't share this good news to people to join the best trader have ever know. Thanks for helping me and i will forever be grateful to you LISATOWNSENDC 不是，有好多人回我信息
Source: TheEconomist - 🏆 6. / 92 Read more »

It Took Doctors Nearly 17 Years To Figure Out The Cause Of My Chronic PainI attempted suicide because I didn’t understand why I had to go through this.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

What I Learned When I Took a Mental Health First Aid CourseThe skills taught by this training have already proven invaluable. I never heard of a course like this and it's awesome!
Source: Allure_magazine - 🏆 473. / 51 Read more »

Jennifer Lopez and Ben Affleck's Romance Is Reigniting After They Took Secret Vacation TogetherThe pair apparently took a secret vacation together to Montana last week. she's too good for him. she's very controlled has never waivered he swings from puffy eyed addict to body addict. i loved r.go. it was a factual had my heart pacing it was underplayed as opposed to exhausting theatrics. i thought there would be more but he bonked the nanny.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »