Greg Abel Kicks Off Berkshire Hathaway’s Annual Meeting 5/1/26

Squawk Pod

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Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 1 May 2026

⏱️ 32 minutes

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Summary

Becky Quick is in Omaha at the Berkshire Hathaway Annual Shareholders Meeting, Greg Abel’s first as CEO. She sits down with Abel to discuss carrying on Warren Buffett’s legacy, the picture of inflation, and changes he’ll make in his tenure. Chris Davis, Davis Advisors chairman and a Berkshire Hathaway director, offers his perspective on the new era at Berkshire, expectations for Abel’s leadership, and the state of private equity. “No one can communicate the way Warren can.” Tune in tomorrow to hear Greg Abel take questions from shareholders! Chris Davis - 06:34 Greg Abel - 18:41 In this episode: Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music, please.
0:04.5	This is SquawkPod, and I'm C&DC producer Cameron Costa.
0:08.7	On today's episode, we head to Omaha, where the Berkshire Hathaway annual meeting is just starting to get underway.
0:16.7	Where is Becky Quick?
0:18.2	Hello, everybody. I am here live at the Jazz Ware's booth, the maker of the squishmallows.
0:24.4	It is the first year in 60 that Warren Buffett will not lead the Berkshire Hathaway annual meeting.
0:31.0	Berkshire's new CEO, Greg Abel, will take the stage, and some things will be different.
0:36.0	But Abel says, important things will stay the
0:39.0	same. I just want them to really know that Warren brought this amazing commitment to Berkshire
0:44.1	and deep understanding. And I want them to know that remains. In a sit-down interview with Becky,
0:50.8	before the crowds file in, he discusses this new chapter of Berkshire.
0:55.9	Number one, very fortunate that Warren still comes into the office every day.
1:00.2	And he's a great sounding board.
1:01.9	And longtime shareholder and Berkshire board director, Chris Davis joins us.
1:06.8	Nobody can communicate the way Warren can.
1:09.5	What he's expecting from Greg Abel this weekend.
1:12.4	I think people will be recognized that sort of gradual transition from sort of opining
1:17.1	on the world to what do we own?
1:19.6	What are the advantages?
1:20.6	What's the durability of the businesses?
1:22.5	Plus, the stocks that get him excited as chairman of Davis advisors.
1:30.0	Capital One is a classic growth stock in disguise. I mean, imagine it's one of the largest banks in the country. It's still run by the founder.
	...

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