Watch the five best moments from Warren Buffett's Berkshire meeting

Описание: Berkshire Hathaway hosted its 2020 annual shareholder meeting as a four-hour livestreamed presentation and Q&A, giving insight into Buffett's investing mindset in the coronavirus era. While Buffett is still a believer in the "American miracle" at heart, the pandemic did lead to some rare moves by the legendary investor. Buffett also explained why he's been sitting on sidelines with a record $137 billion cash pile. Here are the five best moments from Saturday's event.

What a difference a year makes. Sitting on a stage in an empty arena in Omaha, Nebraska, and in the absence of his usual sidekick, Charlie Munger, Warren Buffett kicked off Berkshire Hathaway’s 2020 annual shareholder meeting with a firm message: “Nothing can stop America.”

The “Woodstock for Capitalists,” which has drawn tens of thousands of attendees for years, was hosted virtually for the first time ever. This year, the 89-year-old “Oracle of Omaha” shared the stage with Greg Abel, vice chairman of noninsurance operations at the conglomerate and a top contender as Buffett’s successor.

The four-hour livestreamed presentation and Q&A gave an insight into Buffett’s investing mindset in the coronavirus era. While Buffett is still a believer in the “American miracle” at heart, the pandemic did lead to some rare moves by the legendary investor. Buffett also explained why he’s been sitting on sidelines with a record $137 billion cash pile.

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