Berkshire Hathaway Inc. kicked off its annual meeting on Saturday in Omaha, Nebraska. Warren Buffett, CEO of the company, and Berkshire’s vice chairman discussed a wide range of topics at the opening of the meeting.
Tens of thousands of investors packed an Omaha arena Saturday at Berkshire’s annual meeting that was back in person for the first time since the pandemic began, but the turnout was likely smaller than when it used to regularly attract more than 40,000.
Productive Assets Versus Bitcoin
Buffett said bitcoin is useless.
He prefers productive assets like 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.”
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