Berkshire Hathaway 2026 Annual Meeting: Part 3 5/3/26

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 3 May 2026

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In the third and final episode from the Berkshire Hathaway Annual Meeting in Omaha, CEO Greg Abel takes the second Q&A session alongside BNSF Railway CEO Katie Farmer and Adam Johnson, CEO of NetJets and President of Berkshire’s consumer products, services, and retailing businesses. Together, the three address questions about the future of Berkshire’s subsidiaries, the current inflation environment, and much more. And finally, CNBC’s Becky Quick and Mike Santoli recap the busy day with highlights from both Q&A sessions and Becky’s interview with Warren Buffett. For more Berkshire Hathaway coverage: https://www.cnbc.com/2026/05/02/warren-buffett-berkshire-hathaway-annual-meeting-2026-live-updates.html For past Berkshire Hathaway annual shareholder meetings: https://buffett.cnbc.com/annual-meetings/

Transcript

Click on a timestamp to play from that location

0:00.0	Hi, everyone. This is CNBC's Becky Quick in Omaha, Nebraska, and you are listening to Part 3 of our full coverage of the 26 Berkshire Hathaway annual shareholder meeting.
0:14.1	We pick up here with the second session of questions and answers hosted by Berkshire's new CEO, Greg Abel.
0:20.7	With him on stage was Katie Farmer, CEO of the BNSF Railroad, and Adam Johnson, CEO of Netjets, and new president of Berkshire's consumer products, service and retailing businesses.
0:33.5	Welcome back. I hope you enjoyed the break. Becky Warren, thank you for that exceptional interview.
0:40.3	Appreciate that.
0:46.3	Well, we're very fortunate to have Katie and Adam in these leadership roles. Again, it was a very purposeful to have them on stage.
0:56.0	We want them to have the opportunity
0:57.7	engage with our owners, our shareholders,
1:00.1	and we really do look forward to the question.
1:03.4	So thank you for joining us on staging in.
1:07.3	Thank you. Becky again, great to have you back.
1:16.6	Thank you for that interview and if you'd like to start.
1:19.6	Thank you.
1:20.6	Okay, thanks, Greg.
1:21.6	This question comes from Chris Freed in Philadelphia, Pennsylvania,
1:24.6	who wants to know how has the current geopolitical situation
1:28.3	in the Middle East impacted Berkshire subsidiaries?
1:31.2	Sure.
1:35.0	I'll touch on it and then I'll make sure because it impacts really, in a variety of
1:41.4	ways, all our businesses.
1:43.4	But what I'm most proud of our businesses uh we operate
1:48.7	these businesses for the long run just like we do for obviously for our shareholders we take a long-term
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.