Berkshire shareholders descend as Buffett hosts 60th Omaha meeting, cuts Apple stake
Thousands of Berkshire Hathaway shareholders gathered in Omaha for their annual meeting, hosted by Warren Buffett for the 60th time. This year’s gathering attracted an even larger crowd than usual, with many eager to hear Buffett’s thoughts on the company’s recent investments and strategy. Berkshire reported a 5.3% decline in net income for 2022 but also announced a $5 billion share buyback and a reduction in its stake in Apple. Buffett remains optimistic about the U.S. economy and Berkshire’s future, despite recent market volatility.