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Berkshire's annual meeting marks two anniversaries.
Buffett confirmed Greg Abel as CEO has been fully successful one year after the transition.
KEY POINTS
- Berkshire's $35 billion Apple investment is now worth approximately $185 billion after ten years.
- Berkshire now holds almost $400 billion in cash, positioning it for large opportunistic investments.
- Berkshire resumed stock buybacks with $234 million in purchases during March after a two-year pause.
- Despite hopes for more, significant share repurchases did not occur after March 4 through mid-April.
COMPANIES
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