Greg Abel and Ajit Jain, Berkshire Hathaway's other vice chairmen and potential successors to Warren Buffett as chief executive, also fielded several questions at the Berkshire shareholder meeting Saturday, Reuters reports.
Asked about their rapport, Jain said that they don't interact as much as Munger and Buffett, but they talk every quarter about businesses they oversee.
Berkshire scrapped for a second year its annual shareholder weekend in its Omaha, Nebraska, hometown, an extravaganza that normally attracts around 40,000 shareholders.
But Saturday's meeting, broadcast online on Yahoo Finance, was "kind of what you come to love about Berkshire," said Steve Haberstroh, a partner at CastleKeep Investment Advisors in Westport, Connecticut. "It's a little bit less about learning new things and more about being reminded about the old things."
Ajit Jain, Berkshire Hathaway vice chairman.
Greg Abel, Berkshire Hathaway vice chairman.