Latest Charlie Munger News

Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions

May. 05, 2024 18:03 PM EDT

This year's Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company's investments after he takes...

Warren Buffett says AI may be better for scammers than society. And he's seen how

May. 05, 2024 04:32 AM EDT

OMAHA, Neb. (AP) — Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become "the growth industry of all time." Doubling down on his cautionary words from last year, Buffett told the...

Berkshire Hathaway board feels sure Greg Abel is the man to eventually replace Warren Buffett

May. 02, 2024 20:09 PM EDT

OMAHA, Neb. (AP) — Everyone knows Warren Buffett 's successor won't be able to match the legendary investor, but Berkshire Hathaway 's board remains confident Greg Abel is the right guy to one day lead the conglomerate into the future. Longtime Berkshire board member Ron Olson...