Andy Serwer

1 week ago | barrons.com | Andy Serwer

May has started off as a momentous month, with milestones—expected or otherwise—coming and going nearly every day. Refreshingly, many of these occurrences aren’t coming out of Washington. (Sorry, Elon.) Instead, these are narratives tied to larger-than-life, iconoclastic business leaders who’ve made their careers out of upsetting the status quo, going their own way—and even helping out the little guy.

1 week ago | finance.yahoo.com | Andy Serwer

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Andy Serwer Sat, May 3, 2025, 8:22 AM 1 min read Berkshire’s shareholders were certainly interested in insurance at the company’s annual meeting. Insurance head Ajit Jain and CEO Warren Buffett took a question about how self-driving cars are changing the car insurance business. “There's no question that insurance for automobiles is going to change dramatically once self-driving cars become a reality,” Jains said.

1 week ago | finance.yahoo.com | Andy Serwer

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Andy Serwer Sat, May 3, 2025, 11:10 AM 2 min read The Berkshire shareholder had an insurance question for CEO Warren Buffett and the company’s insurance head, Ajit Jain. It centered on private-equity firms like Blackstone, Apollo, and KKR aggressively expanding to insurance and increasing risk.

1 week ago | barrons.com | Andy Serwer

As the private jets descend upon Omaha's Eppley Airfield this afternoon, bringing shareholders to Berkshire Hathaway's annual meeting, that company’s stock continues its recent stellar run, with its Class A shares finishing up 1.75% to $809,350.00, a record closing high. Berkshire stock has soared about 19% in 2025, versus a 3.3% decline for the S&P 500. That’s a stunning outperformance–especially given that Berkshire has a market capitalization now of over $1 trillion.

1 week ago | barrons.com | Andy Serwer |Abby Schultz

The Highest-Paid CEO in America Is Someone You’ve Probably Never Heard OfCEO median pay rose 9.5% in 2024, less than the prior year but more than inflation and average worker pay. Shareholders did even better. The highest-paid CEO of 2024 wasn’t Jensen Huang, or Tim Cook, or even Elon Musk. Instead, it was James Anderson, the newly appointed CEO of Coherent, a technology company based in Saxonburg, Pa., that makes equipment and products for networking and laser systems.