Warren Buffett's jersey is raised at Berkshire annual meeting
Updated
Updated · CNBC · May 2
Warren Buffett's jersey is raised at Berkshire annual meeting
14 articles · Updated · CNBC · May 2
The tribute came as 63-year-old Greg Abel prepares to take centre stage as Berkshire Hathaway's new chief executive at this year's gathering.
The annual meeting, long dubbed the Woodstock for Capitalists, draws shareholders from around the world to hear from Buffett, now 95.
Buffett announced at last year's meeting that he would hand over leadership to Abel, making this year's event a symbolic transition for the conglomerate.
How will Greg Abel deploy Berkshire's record $400 billion cash pile to make his own mark?
With a dividend now possible, is Berkshire's core philosophy of reinvesting everything about to change?