The invasion of Ukraine by Russia and threats of a potential nuclear war between several countries was turned into a topic of debate at the annual Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) shareholder meeting. Here’s what Warren Buffett had to say about the risks of nuclear war and what it would mean for insurance companies.
What Happened: Buffett told Berkshire Hathaway shareholders that the risk of nuclear war is real and a major concern. Buffett also said it was fortunate that during World War II, the U.S. invented the atomic bomb before other countries.
