Financial Times FT.com

Buffett faces a grilling from investors

By Francesco Guerrera and Justin Baer in New York

Published: April 30 2009 19:21 | Last updated: April 30 2009 19:21

Warren Buffett will be under pressure at Saturday’s annual gathering of faithful shareholders to explain his worst year ever, with the usually adoring crowd set to probe the legendary investor on his bargain-hunting strategy, succession plans and views of the crisis.

Buffett-watchers say this year’s meeting of shareholders in Berkshire Hathaway, his candies-to-insurance group, will depart from the usual pattern of deferential questions and folksy answers and witness some criticism of the billionaire investor.

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