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PHOTO COLLECTION: Serbia Protest Tensions

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PHOTO COLLECTION: Serbia Protest Tensions
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PHOTO COLLECTION: Serbia Protest Tensions

2025-04-13 08:56 Last Updated At:09:02

This is a photo collection curated by AP photo editors.

Tractors are parked in front of the Serbian parliament building ahead of a big counter-opposition protest rally planned to be staged over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

Tractors are parked in front of the Serbian parliament building ahead of a big counter-opposition protest rally planned to be staged over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

People hold a giant Serbian flag ahead of a big counter-opposition protest rally planned to stage over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

People hold a giant Serbian flag ahead of a big counter-opposition protest rally planned to stage over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

People hold a giant Serbian flag ahead of a big counter-opposition protest rally planned to stage over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

People hold a giant Serbian flag ahead of a big counter-opposition protest rally planned to stage over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

Tractors are parked in front of the Serbian parliament building ahead of a big counter-opposition protest rally planned to be staged over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

Tractors are parked in front of the Serbian parliament building ahead of a big counter-opposition protest rally planned to be staged over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

A person shouts as a group of students who walked across the country arrive at an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

A person shouts as a group of students who walked across the country arrive at an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

Students carry a banner reading "Students" in Serbian Latin alphabet during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

Students carry a banner reading "Students" in Serbian Latin alphabet during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

A student carries a banner during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

A student carries a banner during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

A person draped in the Serbian flag and others observe seventeen minutes of silence during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A person draped in the Serbian flag and others observe seventeen minutes of silence during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

People observe seventeen minutes of silence during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

People observe seventeen minutes of silence during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

Protesters spill red paint in front of a local police station during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

Protesters spill red paint in front of a local police station during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

People chant in front of a local police station during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

People chant in front of a local police station during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A person dressed in a Pikachu costume poses for photographs with people during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A person dressed in a Pikachu costume poses for photographs with people during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A student observes seventeen minutes of silence during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A student observes seventeen minutes of silence during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

A supporter of Serbia's President Aleksandar Vucic holds his photo during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

A supporter of Serbia's President Aleksandar Vucic holds his photo during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally in his support, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally in his support, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Serbia's President Aleksandar Vucic speaks to his supporters gathered during a huge rally in his support, apparently designed to counter student-led gatherings in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Serbia's President Aleksandar Vucic speaks to his supporters gathered during a huge rally in his support, apparently designed to counter student-led gatherings in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Serbia's President Aleksandar Vucic greets his supporters gathered during a huge rally in his support, apparently designed to counter student-led gatherings in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Serbia's President Aleksandar Vucic greets his supporters gathered during a huge rally in his support, apparently designed to counter student-led gatherings in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Anti-riot police cordons off the area near the Parliament building during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Anti-riot police cordons off the area near the Parliament building during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Protesters chant slogans as they march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Protesters chant slogans as they march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Effigies representing protesters' demands are displayed during a performance at a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Effigies representing protesters' demands are displayed during a performance at a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Crowds gather during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Crowds gather during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Protesters march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Darko Vojinovic)

Protesters march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Darko Vojinovic)

A man is carried into an ambulance during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. The reason why the man collapsed is unknown. (AP Photo/Darko Vojinovic)

A man is carried into an ambulance during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. The reason why the man collapsed is unknown. (AP Photo/Darko Vojinovic)

Protesters march past the pro-Vucic camp during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Darko Vojinovic)

Protesters march past the pro-Vucic camp during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Darko Vojinovic)

Protesters march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Protesters march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Tens of thousands gather in front of the Serbian parliament during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Tens of thousands gather in front of the Serbian parliament during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People gather in front of the Serbian parliament during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People gather in front of the Serbian parliament during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

A man yells as a group of cyclists arrive ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A man yells as a group of cyclists arrive ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A man rides on the top of a tractor as people welcome protesters from other provinces who have arrived ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A man rides on the top of a tractor as people welcome protesters from other provinces who have arrived ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

People welcome protesters from provinces who have arrived ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

People welcome protesters from provinces who have arrived ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A person sits on a tractor as a large group led by students arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A person sits on a tractor as a large group led by students arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People turn on the lights on their cell phones as they attend a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People turn on the lights on their cell phones as they attend a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A large group led by students wave flags as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A large group led by students wave flags as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People greet university students as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People greet university students as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A university student is hugged by a person at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A university student is hugged by a person at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A large group of university students arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A large group of university students arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

Students and anti-government protesters march to Belgrade for a joint protest after taking a break in Nova Pazova, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

Students and anti-government protesters march to Belgrade for a joint protest after taking a break in Nova Pazova, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A group of university students run as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A group of university students run as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

Protesters wave flags ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

Protesters wave flags ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

Protesters gather ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

Protesters gather ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

People cheer and greet university students as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People cheer and greet university students as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

Protesters light flares as they gather ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

Protesters light flares as they gather ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

A protester yells from the top of a tractor ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A protester yells from the top of a tractor ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Supporters of the Serbian president are seen inside a park as police in riot gear protect them during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Supporters of the Serbian president are seen inside a park as police in riot gear protect them during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

A protester rides his bicycle past damaged tractors parked by supporters of the Serbian president during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

A protester rides his bicycle past damaged tractors parked by supporters of the Serbian president during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People standing on a truck are greeted by others during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People standing on a truck are greeted by others during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People stay in front of Serbian parliament building near students and former paramilitary fighters loyal to President Aleksandar Vucic, who camp outside the presidency building, prior to a major anti-corruption rally in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

People stay in front of Serbian parliament building near students and former paramilitary fighters loyal to President Aleksandar Vucic, who camp outside the presidency building, prior to a major anti-corruption rally in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

People sit on a tractor during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People sit on a tractor during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Protesters block a street while waving Serbian flags during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Protesters block a street while waving Serbian flags during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Serbian army veterans are seen during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Serbian army veterans are seen during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

A man who allegedly claimed he was armed with bombs is detained by plain clothed police during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

A man who allegedly claimed he was armed with bombs is detained by plain clothed police during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

A man waves a Serbian fleg in front of Serbian parliament building prior to a major anti-corruption rally in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

A man waves a Serbian fleg in front of Serbian parliament building prior to a major anti-corruption rally in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

More Images
Tractors are parked in front of the Serbian parliament building ahead of a big counter-opposition protest rally planned to be staged over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

Tractors are parked in front of the Serbian parliament building ahead of a big counter-opposition protest rally planned to be staged over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

People hold a giant Serbian flag ahead of a big counter-opposition protest rally planned to stage over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

People hold a giant Serbian flag ahead of a big counter-opposition protest rally planned to stage over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

People hold a giant Serbian flag ahead of a big counter-opposition protest rally planned to stage over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

People hold a giant Serbian flag ahead of a big counter-opposition protest rally planned to stage over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

Tractors are parked in front of the Serbian parliament building ahead of a big counter-opposition protest rally planned to be staged over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

Tractors are parked in front of the Serbian parliament building ahead of a big counter-opposition protest rally planned to be staged over the weekend in downtown Belgrade, Serbia, Friday, April 11, 2025. (AP Photo/Darko Vojinovic)

A person shouts as a group of students who walked across the country arrive at an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

A person shouts as a group of students who walked across the country arrive at an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

Students carry a banner reading "Students" in Serbian Latin alphabet during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

Students carry a banner reading "Students" in Serbian Latin alphabet during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

A student carries a banner during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

A student carries a banner during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Friday, April 11, 2025. (AP Photo/Marko Drobnjakovic)

A person draped in the Serbian flag and others observe seventeen minutes of silence during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A person draped in the Serbian flag and others observe seventeen minutes of silence during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

People observe seventeen minutes of silence during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

People observe seventeen minutes of silence during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

Protesters spill red paint in front of a local police station during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

Protesters spill red paint in front of a local police station during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

People chant in front of a local police station during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

People chant in front of a local police station during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A person dressed in a Pikachu costume poses for photographs with people during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A person dressed in a Pikachu costume poses for photographs with people during an anti-corruption protest led by university students in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A student observes seventeen minutes of silence during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

A student observes seventeen minutes of silence during an anti-corruption protest in the southwestern town of Novi Pazar, Serbia, Saturday, April 12, 2025. (AP Photo/Marko Drobnjakovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

A supporter of Serbia's President Aleksandar Vucic holds his photo during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

A supporter of Serbia's President Aleksandar Vucic holds his photo during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally in his support, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally in his support, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Serbia's President Aleksandar Vucic speaks to his supporters gathered during a huge rally in his support, apparently designed to counter student-led gatherings in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Serbia's President Aleksandar Vucic speaks to his supporters gathered during a huge rally in his support, apparently designed to counter student-led gatherings in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Supporters of Serbia's President Aleksandar Vucic gather during a rally, apparently designed to counter student-led gatherings, in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Serbia's President Aleksandar Vucic greets his supporters gathered during a huge rally in his support, apparently designed to counter student-led gatherings in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Serbia's President Aleksandar Vucic greets his supporters gathered during a huge rally in his support, apparently designed to counter student-led gatherings in Belgrade, Serbia, Saturday, April 12, 2025. (AP Photo/Darko Vojinovic)

Anti-riot police cordons off the area near the Parliament building during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Anti-riot police cordons off the area near the Parliament building during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Protesters chant slogans as they march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Protesters chant slogans as they march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Effigies representing protesters' demands are displayed during a performance at a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Effigies representing protesters' demands are displayed during a performance at a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Crowds gather during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Crowds gather during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Protesters march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Darko Vojinovic)

Protesters march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Darko Vojinovic)

A man is carried into an ambulance during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. The reason why the man collapsed is unknown. (AP Photo/Darko Vojinovic)

A man is carried into an ambulance during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. The reason why the man collapsed is unknown. (AP Photo/Darko Vojinovic)

Protesters march past the pro-Vucic camp during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Darko Vojinovic)

Protesters march past the pro-Vucic camp during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Darko Vojinovic)

Protesters march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Protesters march during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Tens of thousands gather in front of the Serbian parliament during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Tens of thousands gather in front of the Serbian parliament during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People gather in front of the Serbian parliament during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People gather in front of the Serbian parliament during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

A man yells as a group of cyclists arrive ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A man yells as a group of cyclists arrive ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A man rides on the top of a tractor as people welcome protesters from other provinces who have arrived ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A man rides on the top of a tractor as people welcome protesters from other provinces who have arrived ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

People welcome protesters from provinces who have arrived ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

People welcome protesters from provinces who have arrived ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A person sits on a tractor as a large group led by students arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A person sits on a tractor as a large group led by students arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People turn on the lights on their cell phones as they attend a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People turn on the lights on their cell phones as they attend a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A large group led by students wave flags as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A large group led by students wave flags as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People greet university students as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People greet university students as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A university student is hugged by a person at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A university student is hugged by a person at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A large group of university students arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A large group of university students arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

Students and anti-government protesters march to Belgrade for a joint protest after taking a break in Nova Pazova, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

Students and anti-government protesters march to Belgrade for a joint protest after taking a break in Nova Pazova, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A group of university students run as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

A group of university students run as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

Protesters wave flags ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

Protesters wave flags ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

Protesters gather ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

Protesters gather ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

People cheer and greet university students as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

People cheer and greet university students as they arrive at a protest ahead of a major anti-corruption rally this weekend, in Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Marko Drobnjakovic)

Protesters light flares as they gather ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

Protesters light flares as they gather ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Darko Vojinovic)

A protester yells from the top of a tractor ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

A protester yells from the top of a tractor ahead of a major rally this weekend in downtown Belgrade, Serbia, Friday, March 14, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Police officers stand guard prior to a an anti-corruption rally in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

Supporters of the Serbian president are seen inside a park as police in riot gear protect them during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Supporters of the Serbian president are seen inside a park as police in riot gear protect them during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

A protester rides his bicycle past damaged tractors parked by supporters of the Serbian president during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

A protester rides his bicycle past damaged tractors parked by supporters of the Serbian president during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People standing on a truck are greeted by others during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People standing on a truck are greeted by others during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People stay in front of Serbian parliament building near students and former paramilitary fighters loyal to President Aleksandar Vucic, who camp outside the presidency building, prior to a major anti-corruption rally in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

People stay in front of Serbian parliament building near students and former paramilitary fighters loyal to President Aleksandar Vucic, who camp outside the presidency building, prior to a major anti-corruption rally in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

People sit on a tractor during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

People sit on a tractor during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Protesters block a street while waving Serbian flags during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Protesters block a street while waving Serbian flags during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Serbian army veterans are seen during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

Serbian army veterans are seen during a major anti-corruption rally led by university students in Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Marko Drobnjakovic)

A man who allegedly claimed he was armed with bombs is detained by plain clothed police during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

A man who allegedly claimed he was armed with bombs is detained by plain clothed police during a major rally against populist President Aleksandar Vucic and his government, in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

A man waves a Serbian fleg in front of Serbian parliament building prior to a major anti-corruption rally in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

A man waves a Serbian fleg in front of Serbian parliament building prior to a major anti-corruption rally in downtown Belgrade, Serbia, Saturday, March 15, 2025. (AP Photo/Armin Durgut)

OMAHA, Neb. (AP) — The folksy wisdom and jokes that were a staple of the Berkshire Hathaway annual meeting for decades when Warren Buffett was leading the show will be missing Saturday, but shareholders still started lining up at midnight outside a Nebraska arena to listen to new CEO Greg Abel.

Attendance is down significantly this year with the arena only a little over half full as the meeting started. That’s much different from the past few years when more than 40,000 attended to listen to the 95-year-old Buffett and — before his death in 2023, Buffett’s longtime partner Charlie Munger was always part of the fun. Buffett gave up the CEO title in January, but he remains chairman and will be sitting with the rest of the Berkshire board on the floor to listen at the meeting.

Saturday’s meeting began with a video tribute to Buffett filled with clips from the previous 60 years of annual meetings. The first clip showed the standing ovation Buffett received last year after he surprised shareholders by announcing that he would step down.

Abel then announced the symbolic move of retiring jerseys with Buffett’s and Munger’s names on them that will hang in the rafters of the arena.

Buffett took the microphone briefly to praise Abel and recognize Apple CEO Tim Cook, who attended the meeting. Buffett said Abel has done a tremendous job so far, and Cook helped Berkshire's initial $35 billion investment in Apple grow to be worth $185 billion today. Cook even got a longer round of applause than Buffett did when he was introduced.

“Greg is doing everything I did and then some,” Buffett said, so his decision to step down has worked out great so far.

Abel has been on stage next to the legendary investor at the annual meetings for several years, but this year is his first time running the show. Investors expect the conversation to focus more on how the dozens of companies Berkshire owns are doing. The conglomerate owns major insurers like Geico, several major utilities like Pacificorp, BNSF railroad and an assortment of manufacturers, retail and service businesses.

Signs of the transition are peppered throughout the 200,000-square-foot exhibit hall where shareholders buy products from Berkshire companies. A caricature of Abel playing his favorite sport of hockey is front and center on commemorative boxes of See’s Candy with Buffett and Mrs. See in the background in hockey gear. At the Pilot Travel Center booth pictures of Abel and Buffett are plastered on the windshield of a semitrailer truck, but Abel is in the driver’s seat. And this year Jazwares created a Squishmallow version of Abel to go with the latest versions of Buffett and his longtime partner Charlie Munger as stuffed dolls that shareholders lined up to buy.

“Sadly we miss Warren and Charlie and that show which was fun, but it’s a business meeting for a lot of us and hearing what the businesses are doing is what it’s all about,” investor Chris Bloomstran, who is president of Semper Augustus Investments Group said.

Abel opened the meeting that way with a detailed discussion of how Berkshire's biggest businesses are performing. He gave a granular explanation about the performance of Berkshire’s insurers, its railroad and its utilities. And he emphasized the way Berkshire is using artificial intelligence “to solve problems at our companies.”

But also many people travel to Omaha primarily to meet up with like-minded value investors, who practice the approach that Buffett employed, and attend some of the investment conferences and meetings that are scheduled around Berkshire’s shareholder meeting.

“That’s why I’m really here, really here is to network with other people,” said Bob Robotti, who runs his own investment company. He doesn’t expect surprises from Abel and the other Berkshire executives at the meeting. “They shouldn’t say anything that would be shocking and surprising because they’re consistent with what they do.”

Many investors are watching closely for any changes Abel might make, but there’s not a lot of reason expect anything big. After all, Abel has been with Berkshire for more than 25 years, and he had already been managing all of the conglomerate’s noninsurance businesses for nearly eight years by the time he was promoted.

Abel did make a few administrative changes to establish a team to help support him, but he has promised to maintain Berkshire’s culture that allows the CEOs of all of its businesses to largely run their day-to-day operations while consulting with headquarters on any major investments and sending any extra cash to Omaha.

The CEOs of Dairy Queen, See’s Candy, Jazwares and Brooks Running all said very little has changed since Abel was promoted other than they now report to NetJets CEO Adam Johnson who is overseeing 32 retail and service businesses.

“I think this is a very deeply rooted culture that Warren has created, and I believe the transition to Greg is going to be rooted in those values that Warren has for 60 years instituted and will continue,” Brooks CEO Dan Sheridan said.

For years Buffett always said he was having too much fun running Berkshire to ever retire, but once the shock of his announcement in the final minutes of last years meeting wore off the company’s executives quickly agreed this plan for the transition was better so Buffett can still be around to advise Abel.

“Berkshire is as strong today as it’s ever been and Warren is still part of it,” DQ CEO Troy Bader said as his staff sold Dilly Bars to shareholders. “Warren is still present. So that’s the greatest combination right now, to be able to have that transition in leadership where Greg and Warren can still work together.”

Abel is known to be a more demanding and hands-on boss than Buffett ever was, but he does that by challenging Berkshire’s CEOs to strengthen their competitive advantages while taking care of their customers. Abel asks tough questions and offers advice that his CEOs appreciate, but he doesn’t tell them exactly what to do.

And with Buffett remaining Berkshire’s chairman and its largest shareholder it’s unlikely that Abel will make any drastic changes. So shareholders shouldn’t expect Berkshire to start paying a dividend or that Abel will suddenly split the company up. Instead, Abel will continue building on the foundation Buffett established over 60 years.

Robotti said the performance of Berkshire’s businesses should be much more important to shareholders than the entertainment value of the annual meetings.

“My hope and expectation are they’re picking people who have competency in running a business and not necessarily public speakers and presenters,” Robotti said.

Berkshire said Saturday morning that its profits more than doubled in the first-quarter to $10.1 billion, or $7,027 per Class A share, as the value of its investments grew and most of its businesses improved.

The paper value of Berkshire’s investments always has a major impact on its bottom line, and it did record a $5.8 billion gain on the stocks it did sell. The value of the portfolio did slip to just over $288 billion.

Berkshire’s massive cash pile continues to grow, and it hit $397.4 billion at the end of the first quarter.

Most of Berkshire’s varied businesses reported better operating earnings this year. The insurance unit that includes Geico and a number of other companies reported an underwriting profit of $1.7 billion, up from $1.34 billion last year. Profits also grew somewhat at BNSF railroad and Berkshire’s utility and manufacturing companies.

But Abel acknowledged there is more improvement needed — especially at BNSF.

“We see a lot of opportunity here to continue to get better,” Abel said about the railroad.

Portraits of Berkshire Hathaway's Warren Buffett, left, and CEO Greg Abel sit in a semi truck at the Pilot display in the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Portraits of Berkshire Hathaway's Warren Buffett, left, and CEO Greg Abel sit in a semi truck at the Pilot display in the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholders arrive inside the CHI Health Center Omaha for the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholders arrive inside the CHI Health Center Omaha for the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholders enter the CHI Health Center Omaha for the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholders enter the CHI Health Center Omaha for the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholder Anna Larsen, 16, left, of Underwood, Iowa, poses for photo with her friend Ainsley Roberts, 17, in the Hello Kitty portion of the Squishmallows display in the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholder Anna Larsen, 16, left, of Underwood, Iowa, poses for photo with her friend Ainsley Roberts, 17, in the Hello Kitty portion of the Squishmallows display in the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholder Alex Vacca of Milwaukee poses for a photo in a foam hat in the Justin display od the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Shareholder Alex Vacca of Milwaukee poses for a photo in a foam hat in the Justin display od the Berkshire Hathaway annual meeting on Saturday, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz)

Author and former Omaha World-Herald reporter Steve Jordan signs copies of his book at the Berkshire Hathaway shareholders event on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Author and former Omaha World-Herald reporter Steve Jordan signs copies of his book at the Berkshire Hathaway shareholders event on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

A Berkshire Hathaway shareholder takes a selfie in front of a Pilot truck stops semi truck with pictures of Berkshire's top two executives behind the wheel: new CEO Greg Abel and Chairman Warren Buffett on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

A Berkshire Hathaway shareholder takes a selfie in front of a Pilot truck stops semi truck with pictures of Berkshire's top two executives behind the wheel: new CEO Greg Abel and Chairman Warren Buffett on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Berkshire Hathaway shareholders stand in line to purchase Squishmallows versions of the company's top executives: CEO Greg Abel, Chairman Warren Buffett and former Vice Chairman Charlie Munger on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Berkshire Hathaway shareholders stand in line to purchase Squishmallows versions of the company's top executives: CEO Greg Abel, Chairman Warren Buffett and former Vice Chairman Charlie Munger on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Berkshire Hathaway shareholders line up to buy products at the Pampered Chef booth behind a cutout of longtime CEO Warren Buffett who stepped down in January on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Berkshire Hathaway shareholders line up to buy products at the Pampered Chef booth behind a cutout of longtime CEO Warren Buffett who stepped down in January on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Shareholders line up to take pictures with depictions of Berkshire Hathaway's new CEO Greg Abel and Chairman Warren Buffett on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

Shareholders line up to take pictures with depictions of Berkshire Hathaway's new CEO Greg Abel and Chairman Warren Buffett on Friday, May 1, 2026 in Omaha, Neb. (AP Photo/Josh Funk)

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