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Buffett says 'nothing's really changed that much' in his role at Berkshire

Billionaire investor Warren Buffett told shareholders Saturday that his tasks and workload haven't modified a lot in spite of extra high-profile roles for executives Ajit Jain and Gregory Abel on the management facet and Ted Weschler and Todd Combs on the funding facet. With Weschler and Combs managing a mixed $25 billion, that leaves Buffett in command of around $300 billion in capital allocation at Berkshire Hathaway BRK.A, +1.93% BRK.B, +2.10% he mentioned in keeping with a tongue-in-cheek question at the conglomerate's annual assembly as to whether he was now "semi-retired." Berkshire earlier this year promoted Jain and Abel to the board, a transfer that underlined expectations one of the two executives would in the end be successful Buffett. "Nothing's really changed that much," Buffett mentioned, quipping that "semi-retired probably catches me at my most active point."