Video: Forest River’s Gaeddert Meets with Warren Buffett – RVBusiness – Breaking RV Industry News
In the CNBC video above, Forest River CEO Doug Gaeddert speaks with Warren Buffett, Greg Abel and Becky Quick at the Berkshire Hathaway Annual Meeting about how tariffs and inflation are affecting the company’s prices.
Berkshire Hathaway’s annual meeting ended Saturday, May 3, with big news: Warren Buffett said he planned to ask the board to make Greg Abel the company’s CEO by year-end, according to a report by CNBC.
Abel, Berkshire’s vice chairman of non-insurance operations, was at Buffett’s side on stage when Buffett broke the news, and didn’t know these remarks were coming, according to “The Oracle of Omaha.”
The 94-year-old has had a six-decade run at the company, and its annual meetings draw thousands of shareholders from around the world to Omaha each year. The gathering, known as “Woodstock for Capitalists,” is a chance for Buffett to share his views on the markets, investing and life, in general.
This year, Buffett was asked about global trade policy and the tariffs that President Donald Trump has proposed as well as the market’s recent volatility.
“Trade should not be a weapon,” Buffett said. Read a full account of the day’s events below.
