Thousands of fans line up outside for hours, there’s expensive merchandise and even a secret movie.
When 40,000 people descend on Omaha, Nebraska, Saturday, it might sound like a Taylor Swift concert or a Coachella-style festival.
Instead they will sit rapturously for five hours listening to a 93-year-old man answering questions on the economy — but not just any man: billionaire investor Warren Buffett.
Welcome to the Berkshire Hathaway annual shareholders meeting, dubbed “Woodstock for capitalism” and compared by attendees to going to church or seeing The Beatles live.
While the annual shareholder meeting is held Saturday, the convention center opens Friday for people to pick up credentials.AP00:0003:33
Inside the CHI Health Center Omaha, ordinary shareholders mingle with celebrities — such as Arnold Schwarzenegger, Bill Murray and Glenn Close — and the biggest names in business, including Bill Gates, JP Morgan CEO Jamie Dimon, and Apple’s Tim Cook.
The annual pilgrimage to Omaha is the most fanatical followers of Buffett, the chairman and CEO of Berkshire Hathaway, America’s 7th largest company, which owns companies including Geico, Dairy Queen, BNSF Railway and NetJets, and large stakes in Apple, American Express, Coca-Cola, Kraft Heinz and Chevron.
The cost of admission is as low as $396, a single Berkshire Hathaway class B share, but the wisdom dispensed by the man with a net worth of $132 billion is, say attendees, priceless.
Christopher Bloomstran has attended every year since 2000 — except once, when his daughter was born two weeks before the meeting— and calls it the “highlight of each year.”
Some attendees begin lining up at 3AM to prepare for a “mad dash” for the best seats once the doors open and shareholders flood into the convention center.AFP via Getty Images
40,000 people descend on Omaha, Nebraska to hear Buffett, worth $132 billion, answering questions on the economy.REUTERS
“I’ve met some of my best friends in the investment arena at the Berkshire,” said Bloomstran, who is chief investment officer of Semper Augustus Investments Group in St. Louis, Missouri.
“I go Wednesday and often stay until Monday.”
News
Ca$his Supported Eminem with 2 Benzino Diss-Tracks
Ca$his threw two jabs at Benzino and proved that he is still able to destroy his opponents lyrically, without resorting to ghostwriting. His lines are filled with punches and subtext inherent to real masters of the pen. He retaliates at Benzino…
Public Enemy’s Flavor Flav Gives Mad Respect to Eminem, Calls Him No.1
Legendary Shade45’s DJ Whoo Kid had a brief conversation with Flavor Flav, discussing Eminem’s place among hip hop legends. The radio host considered how to organise a meeting between two Hall of Famers, Flavor Flav and Eminem, when the Public Enemy MC…
Dr. Dre Reaffirms Eminem’s Rap Greatness, Teases New Album with Snoop Dogg
In his recent interview, Dr. Dre doubled down on Eminem being the best rapper ever. Of course, haters gonna hate, but Dre shut it down – skin colour doesn’t mean skill. Talking with James Corden on SiriusXM’s The Life of…
Emiпem’s hυmble daυghter Alaiпa Scott works iп a saloп iп small Michigaп towп
EMINEM’S daυghter Alaiпa Scott has beeп workiпg shifts iп a saloп as aп estheticiaп – despite her famoυs father beiпg worth aп estimated $260millioп, The U.S. Sυп caп reveal.Exclυsive пew photographs show the 30-year-old, whose dad walked her dowп the…
Nicki Minaj wants to bring oυt Eмineм at Pink Friday 2 toυr, talks aƄoυt “Majesty”
Nicki Minaj to perform in Midtown Detroit, Michigan at Little Caesars Arena Nicki Minaj has recently joined fans on Stationhead where she talked aƄoυt “Majesty” song with Labrinth and Eмineм and expressed her desire to bring oυt Eм at her…
Snoop Dogg revealed that each performance he shares with Eminem is an unforgettable experience he will never forget
Snoop Dogg said that every show he does with Eminem is a once-in-a-lifetime opportunity that he will never forget. I have never been more intrigued by the crypto world than I am now, not since the infamous episode in which…
End of content
No more pages to load