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

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.

For access to live and exclusive video from CNBC subscribe to CNBC PRO:
https://cnb.cx/2JdMwO7

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC
#CNBC TV

Видео Watch the five best moments from Warren Buffett's Berkshire meeting канала CNBC Television