Star investor speaks at the general meeting about the banking crisis and AI

Warren Buffet Squishmallow

A Warren Buffet squishmallow at the Berkshire Hathaway annual meeting.

(Photo: Reuters)

Denver Omaha is busier than it’s been in a long time. A good 40,000 shareholders from all over the world came to the Berkshire Hathaway annual general meeting. The spectacle has long been nicknamed “Woodstock for capitalists” because it has less to do with a traditional general meeting and more to do with a festival. Shareholders are celebrating Berkshire CEO Warren Buffett and his longtime companion Charlie Munger for their unprecedented achievements.

Buffett turns 93 in August. Munger, Berkshire’s vice chairman, is 99. Some shareholders have traveled from China, Japan and Mexico. Shareholders from Germany have also been coming to Omaha for years. “Thank you for making our lives better,” says one shareholder before asking his question.

Star investor Buffett loves the big show. During the pandemic, the shareholders’ meeting could only take place virtually. Last year, travel restrictions pushed the number of participants down. Now Buffett is back in his element.

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