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Berkshire meeting: Buffett defends investments and slams Wall Street

Buffett, 91, who is Berkshire's chairman and chief executive, and Vice Chairman Charlie Munger, 98, fielded questions in a downtown arena in Omaha, Nebraska

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Warren Buffett (Photo: Bloomberg)

Reuters Omaha, Nebraska

4 min read Last Updated : Apr 30 2022 | 10:21 PM IST

Warren Buffett on Saturday railed against Wall Street excess, and after spending tens of billions on stocks and companies in March extolled the virtue of keeping lots of cash, as he hosted Berkshire Hathaway Inc's first in-person annual meeting since 2019.

Buffett, 91, who is Berkshire's chairman and chief executive, and Vice Chairman Charlie Munger, 98, fielded questions in a downtown arena in Omaha, Nebraska. Vice Chairmen Greg Abel, Buffett's designated successor as CEO, and Ajit Jain also joined them.

The meeting came after Berkshire revealed it had scooped up more than $51 billion of stocks in the first quarter, including a

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Topics : Warren Buffett Berkshire Hathaway Wall Street United States

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