Woodstock for capitalists: Buffett yells ‘Go big red’, the Nebraska Cornhuskers chant, prior to the Berkshire annual meeting. He presided over his 51st meeting where he and Munger fielded five hours of questions on such matters as Coca-Cola’s sugary drinks, lower shipping volumes on the BNSF railroad, risks from derivatives, and who might succeed the billionaire as chief executive. – Reuters
OMAHA: Warren Buffett said that Berkshire Hathaway Inc is poised to do well no matter who wins the White House in November, and the billionaire investor defended the performance and tactics of the conglomerate’s several large investments.
Buffett presided over his 51st Berkshire annual meeting in Omaha, Nebraska, where he and vice chairman Charlie Munger fielded five hours of questions on such matters as Coca-Cola’s sugary drinks, lower shipping volumes on the BNSF railroad, risks from derivatives, and who might succeed Buffett as chief executive.
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