BRIEF-Warren Buffett, Greg Abel answer Berkshire shareholder questions; discuss pandemic, airlines, share repurchases, Berkshire culture, other topics

Buffett says berkshire could have layoffs at its manufacturing businesses Buffett says geico could be hurt if its policyholders are involved in crashes with a growing number of uninsured drivers, who collectively are involved in a disproportionately large number of crashes Abel criticizes companies, which he does not name, that aggressively use their balance sheets to repurchase stock without leaving a cushion for any 'bump in the road' Buffett says banks are in 'very good shap

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