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Buffett takes stage at Berkshire meeting, pays tribute to Munger, cuts Apple stake

By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett took the stage at Berkshire Hathaway’s annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger while outlining the expanded roles of the executives who are designated to eventually succeed him in leading the company. The meeting is the 60th…

Warren Buffett: Berkshire shareholders descend as Buffett hosts 60th Omaha meeting, cuts Apple stake, ET Telecom

Warren Buffett: Ahead of the meeting, Berkshire reported first-quarter earnings that showed that its cash pile swelled to $189 billion as of March 31 while the size of its stake in Apple fell. Based on changes in Apple s stock price, Berkshire appeared to have sold 13% of its Apple shares in the quarter.

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