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The Independent UK
The Independent UK
National
Josh Funk

Profits jump at Buffett's company ahead of annual meeting

Buffett Berkshire Warren Buffett Charlie Munger Geico
Copyright 2023 The Associated Press. All rights reserved

Warren Buffett’s company said its first-quarter profits soared along with the paper value of its investment portfolio — giving the thousands of shareholders who will fill an arena Saturday to listen to the billionaire and several other top executives at the conglomerate answer questions for hours some good news to start the day.

“It’s a once in a lifetime opportunity,” said Chloe Lin, who traveled from Singapore to attend the meeting for the first time and learn from Buffett and his longtime investing partner Charlie Munger.

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