- Berkshire Hathaway The main director, Suo Decker The heir says Buffett, Greg Abel, adopted by the Board of Directors and was playing a greater leadership role. Berkshire hosts the annual shareholders meeting this week, and Buffett can talk about customs tariffs for the first time since Trump’s “Liberation Day” announced.
Sue Decker, the main director of Hathaway, said that the heir of the throne of CEO Warren Buffett is already moving to first place.
Greg Apil, CEO of Berkshire Hathaway Energy, is scheduled to take over the role of Pavite as CEO of the General Contest.
“Last year, the Board of Directors, Greg Warne, truly moved from a kind of preparation for success to actually practice it,” Decker said. CNBC. “Greg participated in the decisions to allocate the capital, and I know that he got the confidence of the council and Warran in that.”
“We don’t really see it as an executive chief waiting, as he takes over the ability of leadership at the present time,” she added.
Pavite himself can treat Habel in the coming days. It is called “Woodstock for Capitalists”, Berkshire Hathaway will host an annual three -day shareholder meeting this week, which was highlighted by a question and answers session with Buffett on Saturday.
Questions and answers will also give him an opportunity to comment on the recent fluctuations of the market since President Donald Trump announced the so -called “Liberation Day” tariffs on April 2. This includes a 145 % tariff on Chinese imports, although he made major exceptions and set duties elsewhere in 90 days.
In early March, he told Buffett CBS These long -term definitions are “a tax on goods”, adding, “I mean, the dental fairy does not pay!”
Investors hope for something more powerful this week.
“Since Berkshire has many companies, it is mainly on the front lines of everything in terms of falling economy. Is it worse than the numbers already show?” Check the Founder of the Capital Management Steve CNBC. “I hope, more than anything else, to speak against the way the definitions were made.”
It is not clear whether Pavite will issue any data on market expectations regarding tariffs, but the recent capital movements have suggested that it protects Berkshire from a possible economic shrinkage.
the Oracle From Omaha sold $ 134 billion in shares in 2024, ending the year with a cashme of $ 334.2 billion. He also sold 67 % of his position in apple. The iPhone Maker, which manufactures most of its devices that America uses in China, has witnessed a 16 % decrease in stock since the beginning of the year.
When asked why Berkshire carried a lot of money, Decker said that the company does not see the money “sitting there in inactivity, and we see it as a strategic origin.”
“When you think about what is happening now in the world, there is no other company in the world that has a castle of a public budget that can also be used to help stabilize liquidity or provide it if some of the main financial market dislocation occurs,” CNBC told CNBC.
This story was originally shown on Fortune.com
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