Warren Buffett & the Berkshire Hathaway 2025 Meeting Part 2: The Exit 5/3/25

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CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 3 May 2025

⏱️ 171 minutes

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Summary

In the second of two extended episodes, listeners hear the news that will come to define Berkshire Hathaway’s 2025 Annual Shareholder Meeting: Warren Buffett plans to step down at year-end. In another two hours of questions and answers, Buffett shares his thoughts on his recommendation for successor, Greg Abel, as well as Berkshire Hathaway’s cash pile. Then, CNBC’s Becky Quick and Mike Santoli discuss Berkshire’s succession plan and the highlights from the meeting with board member Ron Olson. Representative French Hill (R-AR) and his son also join the team, having attended the annual meeting for decades. Listener’s Guide: Warren Buffett plans to step down at year-end - 1:57:10 Berkshire board member Ron Olson - 2:16:12 Rep. French Hill - 2:37:00

Transcript

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0:00.0	This is CNBC's Becky Quick in Omaha, Nebraska.
0:07.5	You're listening to the second part of our full coverage of the 2025 Berkshire Hathaway annual
0:12.8	shareholder meeting.
0:13.9	We pick up here with the second two plus hours of questions and answers that Berkshire
0:18.4	chairman and CEO Warren Buffett conducts in this quiet setting
0:22.2	with 40,000 or so shareholders in person.
0:25.1	Okay, we're ready to go and I'm going to lead off by actually recommending a movie.
0:40.9	I know that's why you came.
0:43.9	But I would recommend to all of you that you go to Amazon Prime.
0:56.0	I've got no financial interest in this,
0:58.0	but you go to Amazon Prime
1:01.0	and click on a documentary
1:07.0	called Becoming Catherine Graham.
1:10.0	It's an incredible story
1:11.6	from 50 or so years ago.
1:18.2	And to some extent,
1:20.6	I had the good luck to be
1:23.3	kind of a
1:25.9	viewer of
1:29.1	some
1:30.9	American history that I think is
1:34.6	fascinating.
	...

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