In this episode of Excess Returns, we sit down with Adam Mead, founder of Mead Capital Management and author of the Complete Financial History of Berkshire Hathaway. We discuss the recent Berkshire Hathaway Annual Meeting, notably missing the presence of the late Charlie Munger. Adam shares insights on Munger's contributions to Berkshire, the company's energy business, and its positioning for the future under the leadership of Warren Buffett's successors. We also explore Berkshire's substantial cash position and the potential for the company to pay a dividend in the coming years. Join us for an in-depth discussion on all things Buffett, Munger, and Berkshire Hathaway with one of the foremost experts on the topic.

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