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Berkshire Hathaway Annual Meeting: Why Investors Will Care but Meme Traders Won't


Berkshire Hathaway Annual Meeting: Why Investors Will Care but Meme Traders Won t
2021-04-30 23:00:00
Brendan Fagan,
Berkshire Hathaway Meeting Talking Points:
Berkshire Hathaway shares sit at record highs prior to the company’s annual shareholder meeting
Warren Buffett will be the center of attention, after making many bold moves in the market last year
Meme stock investors will most likely disregard the insight from the “Woodstock for value investors”
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All eyes will focus on Los Angeles this weekend, as Warren Buffett and Charlie Munger host Berkshire Hathaway’s annual shareholder meeting virtually. Last year, Buffett struck a sour tone when describing the state of the pandemic and his outlook for various secrets within capital markets. Most notably, Buffett and Berkshire unloaded their entire position in the domestic airline industry, reflecting the growing worries surrounding pandemic-affected industries. ....

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Berkshire defends $8 billion Texas power proposal to combat blackouts


Berkshire defends $8 billion Texas power proposal to combat blackouts
Reuters
9 hrs ago
By Jonathan Stempel
© Reuters/COOPER NEILL
FILE PHOTO: Aftermath of power outages caused by winter weather in Fort Worth, Texas
By Jonathan Stempel
(Reuters) - Berkshire Hathaway Inc on Saturday defended its $8 billion proposal to build natural gas plants in Texas to help reduce the threat of devastating blackouts such as those in February.
When you look at the power sector (in Texas), it fundamentally let the citizens down, Greg Abel, a Berkshire vice chairman and previously chief executive of Berkshire Hathaway Energy, said at the conglomerate s annual shareholder meeting. ....

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