# Attendance is down significantly this year with the arena only a little over half full.

*business · news · 2026-05-03 · Arkansas Online*

## Key points

- Attendance at Berkshire Hathaway's annual meeting dropped to just over half capacity this year.
- Ajit Jain stated Berkshire may insure ships in the Strait of Hormuz if properly priced and escorted.
- Greg Abel used a deepfake Buffett video to highlight AI's emerging risks for business and society.
- Abel confirmed Berkshire will maintain its model of decentralized day-to-day management post-Buffett transition.
- Berkshire's leadership emphasized patience, stating there is no rush to deploy its $400 billion cash reserve.

**Companies:** Berkshire Hathaway
**Countries:** United States, Iran, Canada

[Read the full story on Arkansas Online](https://www.arkansasonline.com/news/2026/may/03/berkshire-hathaway-holds-annual-meeting/)

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