Berkshire Hathaway kicked off its annual meeting on April 30 in Omaha, Nebraska. Warren Buffett, CEO of the company, and Berkshire’s vice chairman discussed a wide range of topics at the meeting’s opening.
Tens of thousands of investors packed an Omaha arena at Berkshire’s annual meeting, which was back in person for the first time since the COVID-19 pandemic began, but the turnout was likely smaller than when it used to regularly attract more than 40,000 people.
Productive Assets Versus Bitcoin
Buffett said bitcoin is useless. He prefers productive assets such as farmland and apartment buildings.
“If the people in this room owned all of the farmland in the United States and you offered me a 1 percent interest in it … for $25 billion, I will write you a check this afternoon,” he said. “It’s very simple.