Sunday, May 19, 2024

Berkshire Hathaway Kicks Off Annual Meeting With Another Record Cash Pile

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The storied investor also pays tribute to his late business partner Charlie Munger

By

Karen Langley

OMAHA, Neb.—Warren Buffett is still a big fan of Apple AAPL 5.98%increase; green up pointing triangle.

The legendary investor praised the iPhone maker on Saturday from the stage of his annual meeting, even after revealing that Berkshire Hathaway BRK.B 0.07%increase; green up pointing triangle had slashed its stake in the first quarter. He hinted that tax considerations may have played into the decision.

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