Berkshire Hathaway shareholders flock to annual shopping day
Updated
Updated · Barron's · May 1
Berkshire Hathaway shareholders flock to annual shopping day
11 articles · Updated · Barron's · May 1
At Omaha's CHI Health Arena, thousands bought subsidiary goods on Friday, with Jazwares selling about 2,000 Warren Buffett and Greg Abel Squishmallows an hour.
Brooks aimed to sell 2,000 pairs of $180 running shoes, while See's Candies targeted about 25,000 pounds of chocolate and treats over the weekend.
The strong turnout contrasted with expectations of lighter attendance at Berkshire's annual meeting without Buffett's usual onstage Q&A, now led by CEO Greg Abel and insurance chief Ajit Jain.
As Buffett steps back, will Berkshire's iconic annual meeting lose its unique cultural appeal?
With a $373 billion cash hoard, how will Greg Abel define Berkshire's post-Buffett era?
Can new CEO Greg Abel's operational skill replace Warren Buffett's legendary investment genius?