OMAHA, Neb. — Billionaire Warren Buffett plans to attend, but not take questions, at next year’s Berkshire Hathaway shareholder meeting — a big change following his recent surprise retirement announcement.
Buffett’s handpicked successor, Greg Abel, told the Omaha World-Herald that Berkshire plans a shareholder meeting for the first weekend of May that will have a question-and-answer session.
Portfolio management services (PMS) business is hard to expand, given the limited number of rich individuals and high investment ticket sizes. By contrast, a mutual fund business is much easier to scale, as the investment size is much smaller and thus accessible to the masses. This explains portfolio managers’ rush for seeking mutual fund licences from the Securities and Exchange Board of India (Sebi).
» Read more about: Asset manager Abakkus plans mutual fund foray to ride retail demand »
Warren Buffett won’t be conducting many job interviews once he steps down as Berkshire Hathaway’s CEO at the end of this year.
Dairy Queen CEO Troy Bader revealed what it’s like to be grilled by the legendary investor, and shared two big takeaways from the experience, in a conversation with Business Insider in Omaha ahead of Berkshire Hathaway’s historic 60th annual meeting.
» Read more about: Dairy Queen CEO explains what a job interview with Warren Buffett is like »
Chevron (NYSE: CVX) is one of the top holdings of Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B).
Warren Buffett will not take the stage at the Berkshire Hathaway 2026 annual meeting, preferring instead to let his successor have the spotlight after he retires, the Omaha World-Herald reported.
Buffett, 94, announced at the end of this year’s meeting two weeks ago that he would be stepping down as CEO of the conglomerate he founded but would remain chairman of the board.
» Read more about: Warren Buffett to skip stage at 2026 Berkshire annual meeting, Omaha paper says »
[BANGKOK] Thailand significantly lowered its forecast for economic growth this year as the global trade war undercuts private investment and exports, adding to already-weak consumption at home.
Gross domestic product will likely grow 1.3 to 2.3 per cent in 2025, a full percentage point lower than the previous estimate of 2.3 to 3.3 per cent,
» Read more about: Thai economy sees first-quarter boost ahead of higher US tariffs »
“In the long run, the U.S. establishment must take corrective measures, as a failed or significantly undersubscribed Treasury auction would represent a severe shock to global financial markets. Such an event could precipitate a crisis of confidence in U.S. government debt, potentially leading to sharp increases in borrowing costs across the economy and rapid asset repricing in equity and corporate debt markets,” Vakil said in a note.
Indian benchmark indices settled lower on Friday amid profit booking despite positive economic data, rate cut hopes and trade deal expectations with the US. BSE Sensex shed 200.15 points, or 0.24 per cent to settle at 82,330.59, while NSE’s Nifty50 fell 42.30 points, or 0.17 per cent to end at 25,019.80. Here are the stocks that may remain under spotlight before the opening bell on Monday,
In the first quarter, hedge fund billionaire Israel Englander of Millennium Management sold 1.2 million shares of Rigetti Computing (RGTI 2.56%), reducing his stake in the quantum computing stock by 80%. The sale represented a sharp turnaround from the prior quarter, when Englander purchased 1.4 million shares.
