Dispatch from Omaha: Berkshire after Warren Buffett
Behind the Money
Topher Forhecz
4.4 • 350 Ratings
🗓️ 15 May 2024
⏱️ 25 minutes
🧾️ Download transcript
Summary
Late last year, Warren Buffett’s close business confidant Charlie Munger died at 99. Munger’s death and Buffett’s upcoming 94th birthday have renewed questions about the future of Berkshire Hathaway. What will the empire he’s built look like after he’s no longer at the helm?
Behind the Money and the FT’s senior corporate finance correspondent Eric Platt travel to Omaha, Nebraska for Berkshire Hathaway’s annual shareholder meeting, to get a better sense of how the next generation will lead America’s “last great” conglomerate.
Clips from CNBC
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For further reading:
Berkshire after Buffett: is Greg Abel up to the top job?
Berkshire after Buffett: prized energy business faces upheaval
Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings
Berkshire after Buffett: can any stockpicker follow the Oracle?
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On X, follow Eric Platt (@ericgplatt) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.
Read a transcript of this episode on FT.com
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Transcript
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| 0:29.7 | It's a Thursday afternoon in early May, and I'm standing on the sidewalk in a quiet neighborhood in Omaha, Nebraska. |
| 0:41.0 | The houses have thick green lawns and some even have white picket fences. It's fairly |
| 0:48.0 | unremarkable. But there's one house in the corner that's attracting some attention. |
| 0:56.1 | And people have come from literally all around the world to see it. |
| 1:00.6 | I flew here from Poland. I'm from Brazil. Indonesia. Naples, Florida. |
| 1:05.5 | Hong Kong. That's because this house is owned by Warren Buffett, the |
| 1:11.4 | legendary investor and CEO of Berkshire Hathaway. |
| 1:16.6 | And these people are all gathering here because they've come like thousands of others into |
| 1:21.0 | town to attend the annual Berkshire Hathaway shareholder meeting. |
... |
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