Warren Buffett, the legendary investor, shared a wealth of intriguing insights during Berkshire Hathaway’s annual shareholder meeting.
Among the highlights were Buffett hinting at a potential investment in Canada, disclosing his ability to achieve a 50% annual return on a $1 million investment, and announcing a generous $500 million donation of Berkshire stock.
During the event, Buffett also discussed his decision to sell 13% of his massive Apple stake, acknowledged a failed bet on Paramount, and raised concerns about fraud facilitated by artificial intelligence.
In addition, the Berkshire CEO cautioned about impending tax increases, projected that the company’s cash reserves would exceed $200 billion in the current quarter, and reminisced about a memorable encounter with a Russian chess…
2024-05-09 17:08:00
Read more on finance.yahoo.com