At the Berkshire Hathaway annual shareholders meetings in Omaha, Warren Buffet and Charlie Munger sit at the center of the stage in front of a dark sea of shareholders. Warren Buffet first fields questions from the audience and a panel of journalists and stock analysts. Warren answers them and will ramble on a bit in his unique way (often with a one-liner or two mixed in) for a few minutes.
Then, Warren will look over to his partner and query, “Charlie?” Then Charlie Munger will either lean in and make a sharp, critical, pithy, often derisive comment (which usually extracts gasps or loud chuckles from the audience) or simply remark, “I have nothing to say,” which can be entertaining particularly after a long-winded digression from Warren Buffett.
Berkshire Hathaway annual shareholders meetings are normally held on the first Saturday of May in Omaha, Nebraska.
Recommended Reading
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Common Stocks and Uncommon Profits and Other Writings: Philip A Fisher provides a framework for evaluating stocks based on prospective growth in earnings, management quality, and other analyses. Philip Fisher is among the most influential investors of all time, and advocates paying up for a stock, to complement the philosophy of value investing as proposed chiefly by Benjamin Graham and David.
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Buffett: The Making of an American Capitalist: Roger Lowenstein is a fabulous biography of Warren Buffett, arguably the best investor in the history of the world.
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The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel: Benjamin Graham, Jason Zweig updates timeless “value investing” wisdom from the greatest investment teacher of the twentieth century, Benjamin Graham. This beloved book has been the investors’ bible since its original publication in 1949.
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The Essays of Warren Buffett: Lessons for Corporate America: Warren E. Buffett, Lawrence A. Cunningham is a thematically arrangement of the lengthy writings of Warren Buffett. This classic book provides an understandable and consistent understanding of the principles and logic of Warren Buffett’s attitude to life, investing, and business.