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That’s fine with George Jensen and his wife, Setara Jensen, who bought Berkshire stock as a stable option in retirement. The Jensens traveled from Hong Kong to attend the shareholder meeting and visit friends from when Jensen worked for Union Pacific railroad before retiring.

“We bought it because it’s a good value,” Jensen said. “There are certainly things that might have a higher rate of return, but at this stage, we wanted something safe and stable.”

Buffett always plays the role of Berkshire’s chief marketing officer at the annual meeting by showcasing products made by the company that are on display in the 200,000-square-foot exhibit hall. On Saturday, he revived the newspaper tossing skills of his youth, promising anyone who can throw a folded Omaha World-Herald — one of Berkshire’s latest acquisitions — further than him, a Dilly bar from Dairy Queen.

As Buffett roamed the exhibit hall, shareholders mobbed him, trying to take pictures with their cellphones. He spent time singing “There is No Place Like Nebraska” with the University of Nebraska’s cheerleaders at the Justin Boots stage before checking out the Burlington Northern Santa Fe railroad and BYD electric car displays.

Later Saturday, Berkshire shareholders will vote on a proposal submitted by the AFL-CIO, which owns some Berkshire stock, asking whether the company should be compelled to disclose more specifics about its succession plan.

The proposal faces long odds because Berkshire’s board unanimously opposes it, and that group controls 38 percent of the voting rights. Buffett himself controls about 34 percent of vote.

Buffett has said Berkshire plans to split his chairman and CEO job into three parts with a chief executive, a chairman and several investment managers.

Buffett has said he believes his son Howard, who already serves on Berkshire’s board, would make an ideal chairman.

And Berkshire has hired two hedge fund managers, Todd Combs and Ted Weschler, over the past two years who Buffett says eventually will be capable of running the company’s entire portfolio.

Buffett has said he remains in good health, and has no plans to retire because he enjoys running the conglomerate he built.

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Online:

Berkshire Hathaway Inc.: www.berkshirehathaway.com