Warren Buffett's $189 Billion Subtle Warning to Wall Street Shouldn't Be Ignored
Some 51 years ago, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett held his company's first annual shareholder meeting in the cafeteria of a subsidiary and drew a few dozen people. A little over week ago, Berkshire lured in the neighborhood of 40,000 investors to Omaha, Nebraska, for its latest annual gathering.
People flock to this annual meeting to listen to the "Oracle of Omaha" speak about his investing philosophy, the U.S. economy, and select stocks held by Berkshire.
While these annual meetings consistently offer a cheery tone and speak to Warren Buffett's and the late Charlie Munger's long-term investing ethos, Berkshire Hathaway's 2024 meeting was overshadowed by a very large number that offers a subtle warning Wall Street would be foolish (with a small "f") to ignore.
Source Fool.com