Warren Buffett takes center stage in Omaha for Berkshire Hathaway’s annual shareholder meeting. Investors are sizing up his expected successor and getting a better sense of the conglomerate's plans. Buffett has started selling some Apple stock, citing it as a great business but potentially a lesser quality investment now. During the meeting, Buffett named Greg Abel as his successor for capital allocation decisions and revealed that the Apple stock sale was for tax reasons, not due to Apple's sales slowdown.
Run (don't walk) 🏃♂️ to this fabulous new conversation featuring American financier Ken Hersh. It's hosted by Hedgeye's David Salem @dsaleminvestor and is filled with powerful life lessons and investing insights acquired over a storied career. Below is an excerpt/gem of insight.… https://t.co/QLYY74dg87
The Wisdom of Charlie Munger https://t.co/kNCqF9IfaT
Berkshire after Buffett: can any stockpicker follow the Oracle? https://t.co/ucMD83fOzx