Tuesday, May 10, 2016

Berkshire Hathaway 2016 Annual Meeting Wrap-Up

Berkshire Hathaway 2015 Annual Meeting 2015

Berkshire Hathaway's Annual Meeting was held on Saturday, April 30, in Omaha. A first this year, the business meeting was live-streamed by Yahoo Finance. You can view the full video on Yahoo through May 30.

Were you among the 1.8 million people who watched it already?

Berkshire Hathaway meeting viewed live 1.8 million times (Tulsa World)

The first online broadcast of Berkshire Hathaway's annual shareholder meeting was viewed 1.8 million times. [...]

In addition to the online audience, Buffett says roughly 40,000 people attended the event in Omaha.

Yahoo Finance says there were 1.1 million unique viewers of the broadcast worldwide. The meeting broadcast was offered in English and Mandarin.

Or, if you don't have 8 hours to sit and watch the entire Warren and Charlie show, Yahoo put together a summary (with shorter videos) of the more interesting parts:

13 key moments from Berkshire Hathaway's annual shareholder meeting (Yahoo)

BizNews transcribed many important moments in the proceedings.

ValueWalk recaps the Q&A portion of the meeting here:

Berkshire Hathaway 2016 Annual Meeting Recap (ValueWalk)

Motley Fool Coverage:

3 Takeaways from Berkshire Hathaway’s Annual Meeting (Fool)

No time even for that? Only the highlight quotes:

Berkshire Hathaway's annual meeting: The highlights (CNBC)

ABC News covers the event itself:

Berkshire Hathaway Event Celebrates What Makes Firm Unique (ABC News)

Berkshire Hathaway's idiosyncrasies were on display this weekend, as tens of thousands of people filled an arena to listen to Warren Buffett and Charlie Munger talk business for several hours Saturday at the conglomerate's annual meeting.

No other company can match the crowds who attend Berkshire's meeting, the 51-year-tenure of its top two executives or its eclectic mix of businesses. Though attendance was down from last year's 50th anniversary meeting when more than 40,000 attended, it still dwarfs any other corporate meeting. [...]

Gawker sent a reporter to cover the Annual Meeting (and Buffett himself) from their own unique and irreverant perspective:

Warren Buffett Is the Best Argument for Capitalism. Is It Good Enough? (Gawker)

Normal companies might treat shareholders who had traveled across the country to a few free gifts. T-shirts. Water bottles. That sort of thing. At Berkshire Hathaway it is the opposite: its fans are given only the right to spend more money. This is in keeping with Warren Buffett’s reputation as a world-class miser, so they can’t really get mad about it. Thousands upon thousands of these wide-eyed true believers crowded into Omaha’s convention center last Friday not to receive, but to give more money to Berkshire at its big shopping day. Inside the huge space, dozens of Berkshire-owned companies had set up display areas, and most of them were offering crap for sale. It was like the world’s most random Costco, lacking all order or theme. [...]

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