Berkshire

Gabelli tells Fortune's Susie Gharib that when he started his business in 1981, Berkshire Hathaway ”BRK.A” was the first stock he bought for his investors. Today he has $40 billion under management and Berkshire is still one of his top investments.

OMAHA, Neb. (AP) — In a story April 30 about Berkshire Hathaway's annual shareholders meeting, The Associated Press reported erroneously that Fabio Rivera is a student at the University of Arkansas. He attends Harding University in Searcy, Arkansas.

On the sidelines of the Berkshire Hathaway annual meeting over the weekend, Gabelli told Schaffler that Berkshire Hathaway should consider acquiring AutoNation. Must Read: Why Under Armour's Founder Couldn't Care Less if Sports Authority Vanishes.

Warren Buffett and Charlie Munger fielded questions for seven hours during Berkshire Hathaway's annual shareholder meeting. The duo shared their views on the markets, the economy, politics, and corporate governance among other things.

OMAHA, Neb. (AP) — In a story April 30 about Berkshire Hathaway's annual shareholders meeting, The Associated Press reported erroneously that Fabio Rivera is a student at the University of Arkansas. He attends Harding University in Searcy, Arkansas.

AP Photo/Charlie Riedel)Berkshire Hathaway Chairman and CEO Warren Buffett looks at products produced by Precision Castparts as he tours the exhibit floor before presiding over the annual shareholders meeting last weekend.