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Death, Wells Fargo, and the most ‘fun’ investment: Here are the biggest things you missed from Berkshire Hathaway’s annual gathering

The Warren Buffett-led Berkshire Hathaway held its annual shareholder meeting on Saturday. Buffett and Charlie Munger, Berkshire’s vice chairman, discussed Wells Fargo, potential succession plans, the current political climate, and much more. Follow Markets Insider’s coverage of Berkshire Hathaway’s meeting. Investors, media, and high-profile members of the investment community descended on Omaha, Nebraska, this weekend…



Warren Buffett is ditching the method he uses to evaluate his performance (BRK.B)

Warren Buffett is ditching the method he uses to evaluate his performance (BRK.B)

Getty Images / Bill Pugliano Warren Buffett, the chairman and CEO of Berkshire Hathaway, said in his annual shareholder letter that he’s abandoning his longtime metric for valuing his conglomerate’s shares. The measure, price-to-book value, compares a corporation’s share price with the value of a company’s balance sheet, minus liabilities. By that measure, Berkshire Hathaway…



Warren Buffett says prospects poor for a mega-deal due to sky-high prices

Warren Buffett says prospects poor for a mega-deal due to sky-high prices

Warren Buffett is hunting for “an elephant-sized acquisition,” but he is not optimistic about getting it done.The billionaire investor wrote in an annual letter to shareholders on Saturday that the prospects of landing a mega-deal for his Berkshire Hathaway Inc conglomerate are “not good,” because “prices are sky-high for businesses possessing decent long-term prospects.”It is…