Berkshire Hathaway Annual Meeting

[FFNow]

Has anyone been to the AGM of Berkshire? I'm contemplating buying a few of the B shares (even though it may not be fairly priced) just to go for the AGM on 30th April this yr. It would be good to see Warren Buffett in the flesh and get his insights before he expires.

[Jon-san]

A friend of mine did. WB and CM take special effort to meet the foreign investors coming for the AGM. They have an autograph session for foreign shareholders too. He got his USD 1 bill autographed by both of them and it's now framed up together with his BH share certificate.

[newborn1000]

Well, I say go ahead........ Need to pay special attention as to how you are actually going to get in though, you are not actually registered as shareholder if your broker holds your shares (I think)

[arthur]

Just curious. Does the B-share entitle one to the AGM or only the A-share holders?

[FFNow]

Both A and B shares

[wj888]

Better do it fast.. Buffett and Munger won't be there for long

[weijian]

Better do it fast.. Buffett and Munger won't be there for long

10 years from now. These guys are still around.

These guys always tend to ground me to remind me of sustainable and evolution-lative investing over the long term. The End Game is the Long Game.

Warren Buffett wants to make you happier, smarter and richer

Successful stock-picking is actually quite hard. Mr Buffett put up a slide of the 20 stocks from around the world with the largest market capitalisations. Five of the six were US companies - Apple at the top, at about US$2 trillion, with Microsoft, Amazon, Google parent Alphabet and Facebook holding the No. 3, 4, 5 and 6 slots. (No. 2 was Saudi Aramco.)

Then Mr Buffett asked the audience to think about how many of those companies they would expect to be around in 30 years - maybe five, maybe eight? Then he showed a slide with the same information - but from 30 years ago. None of the stocks from the 2021 slide were on it.

"I would guess that very few of you would have said zero, and I don't think it will be, but it's a reminder of what extraordinary things can happen," he said. "The world can change in very dramatic ways."

https://www.businesstimes.com.sg/technol...and-richer

[touzi]

Wow..you actually dug out a post from 10 years ago !....And VB is still around too. Well done everyone!

[donmihaihai]

[quote="wj888" pid="5987" dateline="1296915581"]

Successful stock-picking is actually quite hard. Mr Buffett put up a slide of the 20 stocks from around the world with the largest market capitalisations. Five of the six were US companies - Apple at the top, at about US$2 trillion, with Microsoft, Amazon, Google parent Alphabet and Facebook holding the No. 3, 4, 5 and 6 slots. (No. 2 was Saudi Aramco.)

Then Mr Buffett asked the audience to think about how many of those companies they would expect to be around in 30 years - maybe five, maybe eight? Then he showed a slide with the same information - but from 30 years ago. None of the stocks from the 2021 slide were on it.

"I would guess that very few of you would have said zero, and I don't think it will be, but it's a reminder of what extraordinary things can happen," he said. "The world can change in very dramatic ways."

https://www.businesstimes.com.sg/technol...and-richer

Not 30 years ago. Mar 2021 vs Dec 1989. The last day of 1989 was the peak of Nikkei. Those Jap companies and now these US companies(maybe China companies as well). 

How not to lose friends. 

Is he doing it again, this time using his shareholder meeting. The last was at Sun Valley in 1999?

[fallscushion]

On the other hand, Munger's Daily Journal initiated substantial investment in Alibaba.
It seems to me, stretching the time horizon longer, his bet is in China.