MUMBAI: Billionaire investor Warren Buffett along with his long-time partner Charlie Munger on Saturday hosted the annual general meeting of Berkshire Hathaway, often dubbed by some as the ‘Woodstock for Capitalists’.
The famous investor’s address to the shareholders and his millions of admirers, hosted virtually, comes in the backdrop of a rebounding US and global economy as Covid-19 vaccination accelerates in most western nations.
Buffett’s Berkshire Hathaway, however, used most of the March quarter to book profits and the company’s net stock sales were the highest in five years in the quarter, as per Berkshire Hathaway’s earnings reported earlier in the day.