Warren Buffett's Talk With Shareholders: Cash Nears $200 Billion While Still High On Apple

At the recent Berkshire Hathaway shareholders meeting, CEO Warren Buffett announced that the company's cash reserves are projected to exceed $200 billion this year. Despite selling 13% of its Apple shares, Buffett remains optimistic about Apple, stating it's likely to stay Berkshire’s largest investment. He also discussed potential increases in corporate taxes, the dangers and opportunities of artificial intelligence, and limited foreign investments. Buffett humorously hinted at his succession, noting his age and the actuarial realities, with Greg Abel named as his successor.