Investors are bound to walk away a little smarter from this company’s annual shareholder meeting, hosted by legendary chairman Warren Buffett and vice-chairman Charlie Munger.
The pilgrimage to Omaha in May to listen to Warren Buffett and Charlie Munger was always on my list of things to do. Yet twice I was offered the opportunity and both times I declined, giving what were in retrospect weak excuses. This was before it occurred to me that I wasn’t convinced of the value of attending.
I’ve spoken with a number of people who have attended the conference, and they all raved about the experience. The problem is, they offered very few, if any, real pieces of evidence that the experience improved their way of investing or thinking. Then last year, the Berkshire Hathaway meeting where Buffett and Munger spent up to six hours answering questions was webcast, but I was on holiday and missed it.
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