Warren Buffett announced earlier today that Berkshire Hathaway’s annual shareholder’s meeting will not be held with shareholders present.
He said the May 2 meeting will be streamed online by Yahoo Finance.
"I very much regret this action; for many decades the annual meeting has been a high point of the year for me and my partner,," Buffett said in a letter to shareholders. "It is now clear, however, that large gatherings can pose a health threat to the participants and the greater community." At the meetings, Buffett and Munger, Berkshire's 96-year-old vice chairman, field questions from shareholders for more than six hours.
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