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Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets. [Yahoo! Finance]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: Yahoo! Finance
Buffett predicted higher taxes and revealed a $500 million donation of Berkshire stock. Warren Buffett let slip a slew of intriguing facts and anecdotes during Berkshire Hathaway's annual shareholder meeting on Saturday. The headlines from the event included Buffett confirming he'd sold 13% of his gargantuan Apple stake, admitting responsibility for a losing bet on Paramount, and raising the alarm on AI-powered fraud. But the Berkshire CEO also warned of higher taxes, teased a potential Canadian investment, and revealed a $500 million gift of Berkshire stock. Moreover, Buffett declared that he could earn a 50% annual return on $1 million, predicted Berkshire's cash pile would balloon to more than $200 billion this quarter, and recalled the time a Russian chess grandmaster visited Omaha. Here are 14 interesting nuggets from the Berkshire meeting: 1. Raking it in Buffett pointed out that Berkshire generated some $37 billion in operating profits last year , meaning that on Show less Read more
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