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Warren Buffett Hosts His Annual 'Woodstock For Capitalists,' But Virtually

Video credit: Wochit News
Published on May 2, 2020 - Duration: 00:34s

Warren Buffett Hosts His Annual 'Woodstock For Capitalists,' But Virtually

Billionaire investor Warren Buffett discussed a range of topics at Berkshire Hathaway's annual meeting on Saturday.

The Berkshire Hathaway CEO hosted the virtual event and answers questioned posed by journalists.

Berkshire Hathaway recently posted a record quarterly loss of about $50 billion, largely due to $55 billion in investment losses.

It also grew its cash pile from $128 billion to $137 billion in the period, and sold about $6.1 billion in stock on a net basis in April.

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