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The highlights of the 2026 Berkshire Hathaway Annual General Meeting are here, summarizing the key points of the four-and-a-half-hour event in 500 words.
Buffett: Unprecedented gambling sentiment in the market, lack of an ideal investment environment; rates Abel's performance as '100 points'; earned 150 billion USD from Apple investment over a decade, highly praising Apple CEO Cook. Abel: Will not pursue AI for the sake of AI, it must be beneficial to the business; data centers will bring significant opportunities for utilities; fully collaborates with Buffett on investments, and views investment in Japan as long-term. Insurance Vice Chairman Ajit Jain: Underwriting in the Strait of Hormuz 'depends on the price'; AI-driven stock picking will not happen.
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