Every spring, investors flock to Omaha, Nebraska, for Berkshire Hathaway’s annual shareholder meeting, where Warren Buffett holds court. Insiders call it Woodstock for Capitalists , and CNBC covers it with the fervor of Fox Sports on Super Bowl Sunday.

Last year’s meeting held particular weight. Investors were watching closely to see if Buffett, the company’s 93-year-old CEO, would name Greg Abel, Berkshire’s vice chairman, as his successor, and how the company would weather the billions in wildfire lawsuits threatening its energy utilities. Buffett dodged the succession question, but the meeting revealed something just as consequential: the company’s strategy to avoid wildfire liability. Help us unlock a $15,000 match by September 30. Your support powers solutions-focused climate rep

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