"We're not over bank failures, but depositors haven't had a crisis," the Berkshire chairman and CEO said. He said some of the "dumb" things that banks do periodically have been uncovered, most notably having mismatched assets and liabilities. Here are some of the big topics shareholders want Buffett to address: Banking outlook In April, Buffett told CNBC's Becky Quick during a three-hour interview in Japan that he expects to see more bank failures. I won't go astray this year," Buffett wrote in the shareholders guide. Consequently we answered far too few questions. "Last year, I made a mistake by spending too much time on a few subjects. Buffett said he and his longtime business partner Charlie Munger, age 99, will likely field about 60 questions this year after realizing they answered too few questions in 2022. Apart from seeking Buffett's broad guidance amid turmoil, there are also pressing questions about Berkshire's specific equity holdings and operations that shareholders want answered.
As ever, investors will look to the 92-year-old "Oracle of Omaha" for folksy wisdom in uncertain times. On Monday, First Republic became the third failure of an American bank since March, further fueling fears that a recession is imminent. This year's meeting comes at a uniquely challenging time for the economy and the markets. CNBC and will exclusively cover the event starting Saturday at 10 a.m.
Berkshire's annual "Woodstock for Capitalists" will be held in Omaha, Nebraska, the second straight in-person gathering after two virtual meetings during the pandemic. Here's your complete guide to the highly anticipated event. Warren Buffett is set to kick off Berkshire Hathaway 's annual shareholder meeting Saturday before tens of thousands of adoring shareholders. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower
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