RE:From the Berkshire Annual Meeting" people on the extreme sides of either argument are “a little nuts,” he said." Fantome wrote: When asked about the proposals, Buffett stuck to his previous stance. Measures to produce big reports on diversity and climate for his business lines spanning energy to railroads were, he said, “asinine.” The proposals were later voted down.
Buffett was also asked about Berkshire’s stake in oil and gas producer Chevron Corp., which it disclosed earlier this year. Buffett said he felt “no compunction” in the least about its ownership in the company, which he said had benefited society in many ways. While he acknowledged the world is shifting away from hydrocarbons, people on the extreme sides of either argument are “a little nuts,” he said.
In other news....Buffet has been reiterating his view that the US economy is "red hot" and he believes we will see inflation increasing as the year progresses. Companies that will do well in these situations are those that that can take advantage of higher prices without having to deploy much additional capital....his investment in pipelines is an example...