Berkshire shares struggle into annual meeting. Can Abel rekindle enthusiasm without Buffett center stage?

Key Points

For the first time, Warren Buffett won’t be the central figure on stage. It marks a new era for Berkshire Hathaway’s annual meeting, one of the investing world’s most closely watched rituals.
The shift puts a spotlight on Greg Abel, who took over as CEO at the start of 2026.
Berkshire has trailed the S&P 500 by more than 30 percentage points since Buffett signaled plans to step down last May.

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