It's amazing that Warren Buffett is alive. Not because he's 84, or because he appears in poor health. In fact, it's the opposite: Buffett is chipper and more alert and energized than I am over the course of Berkshire Hathaway's seven-hour annual meeting. No, it's amazing that Buffett is alive because we are all here.
By Dhirendra Kumar Saturday night last week was a great weekend for investors who are fans of Warren Buffett and Berkshire Hathaway. For the first time ever, the famous Q&A session from Berkshire's annual shareholder meeting was webcast live. This meeting, which is famously known as 'Woodstock for Capitalists', is held every year in the city of Omaha in Nebraska, USA. This meet is a far cry from anything that Indian investors are used to in AGMs. In a hall next to the one where the actual meeting is going on, there's a huge shopping arena put up by subsidiaries of Berkshire.
OMAHA: Warren Buffett on Saturday defended several of Berkshire Hathaway Inc's larger or struggling investments, including Coca-Cola and the BNSF railroad. Speaking at Berkshire's annual shareholder meeting in Omaha, Nebraska, Buffett also said overall first-quarter operating profit probably fell 12 percent to $3.73 billion from $4.24 billion a year earlier. Buffett said the BNSF railroad was hurt by declining oil prices and coal shipments while insurance underwriting was hurt by loss claims related to hailstorms.
(Reuters) - Warren Buffett is not one to talk much about his personal life in public, but his prostate cancer may dominate the conversation this weekend when his conglomerate Berkshire Hathaway convenes its annual shareholder meeting. The event dubbed "Woodstock for Capitalism" draws more than 40,000 shareholders to Omaha, Nebraska's convention center for a weekend of festivities, the highlight of which being the questions Buffett takes from investors. This year, for the first time, he will also entertain questions from a select group of analysts who follow Berkshire's stock. ...
ETF Database submits: Last weekend, shareholders of Berkshire Hathaway (BRK.A) descended on the Qwest center in Omaha, Nebraska to hear a few words of wisdom from the legendary investor and CEO of the company, Warren Buffett.
OMAHA: Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire fielded questions about the company and its future, and explained some business practices. Berkshire owns more than 80 companies including the Burlington Northern railroad, Geico car insurance, Benjamin Moore paint, Dairy Queen ice cream, Fruit of the Loom underwear, and See's candies, and owns more than $115 billion of stocks.