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Greg Abel didn’t take long to address the elephant in the room.
Greg Abel led his first Berkshire Hathaway annual meeting as CEO, succeeding Warren Buffett.
KEY POINTS
- Despite a smaller crowd, thousands attended Abel's debut shareholder meeting in Omaha, Nebraska.
- Berkshire Hathaway's Class B shares have dropped 12.4% since Abel was named chief executive.
- Abel now faces the challenge of deploying Berkshire's nearly US$400-billion cash reserve.
COMPANIES
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