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Berkshire annual meeting live: Warren Buffett's 'jersey' raised to the rafters in Omaha to honor retirement

CNBC·Yun Li,Alex Harring,Sarah Min·about 1 month ago
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#warrenbuffett#gregabel#breakingnewsmarkets#markets#berkshire#abel
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'We do not intend to be beholden to anyone,' Abel says Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Abel started the Q&A session with a response to question from a deepfake Warren Buffett, who asked why investors should hold onto their Berkshire stock. In his answer, Abel highlighted the strength of the firm's cash hoard of $397 billion, which gives the firm freedom of movement. "We have our cash and U.S. Treasurys. It serves a couple purposes," Abel told "Warren from Omaha." "We do not intend to be beholden to anyone." — Sarah Min Unexpected AI lesson from Deepfake Buffett video Shareholders got an unexpected lesson in artificial intelligence risks during the annual meeting, when Abel opened the Q&A session with a seemingly familiar face.…

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