Warren Buffett's Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha has hung on to his huge stake in Coca-Cola. And Coke's nearly 4% drop is a weight on Buffett's portfolio.
A hot topic on Wall Street last week was who would potentially replace the Oracle of Omaha at Berkshire Hathaway when he leaves. The latest candidate? Li Lu, a relatively unknown fund manager whose portfolio has averaged a 24% annual return.
At Berkshire Hathaway's annual meeting, DailyFinance asked Warren Buffett if he would make the same decision now to invest in Goldman Sachs, seeing how the bank's reputation has suffered since he ponied up $5 billion in 2008. Find out why he says: "It's a great investment."
Berkshire Hathaway's annual meeting will be held on May 1. Here are 10 questions attendees should ask Warren Buffett -- ranging from the financial reform bill to his Goldman deal and who the famed investor favors to succeed him at Berkshire.
If you always wished you could invest in Warren Buffett's Berkshire Hathaway, but couldn't swing the $3,400-plus share price, now's your chance. Shareholders have approved a 50-to-1 split of the company's Class B shares, meaning the price will drop to about $67 a share on Thursday.









