Part 10/13:
On succession planning, Buffett was characteristically candid yet vague. While Ajit Jain is taking on more responsibility within the insurance segment, Buffett indicated this was simply due to Jain’s capabilities and did not necessarily signal finalized succession plans. Buffett remains in control and unbothered about speculative questions on his legacy.
Memorable Moments and Cultural Atmosphere
The meeting was noted for its warm, folksy tone and an incredible turnout—20,000 to 30,000 attendees showing up early in the day filled the CenturyLink Center with energy despite rain and cold weather. This was Buffett’s first year streaming the meeting live to ease logistical concerns, a testament to the growing global interest.