Warren Buffett on Ajit Jain: The Unreplaceable Leader of Berkshire | Berkshire Hathaway 2024

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Warren Buffett praises Ajit Jain's invaluable contribution to Berkshire Hathaway and discusses the challenges of finding his successor. Hear insights from Buffett and Jain on the future of Berkshire’s insurance operations.
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This speech is given by Warren Buffett at Berkshire Hathaway Annual General Meeting on May 4, 2024.
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☆Who is Warren Buffett (The Oracle of Omaha)?☆
Warren E. Buffett is one of the most successful investors in the world and the chairman & CEO of Berkshire Hathaway, who has a net worth of over 100 billion dollars. Warren Buffett's Berkshire Hathaway has posted average annual returns of 17.1% since 1985, well ahead of the broader stock market’s 10.5% including dividends. If you’d invested $10,000 in Berkshire Hathaway at the start of 1985 you’d now have $2.4 million; the same principal in the S&P 500 would now be worth about $227,000.
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Warren Buffett on Ajit Jain: The Unreplaceable Leader of Berkshire | Berkshire Hathaway 2024

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