AGM a let­down

Finweek English Edition - - MARKETPLACE -

Last week I wrote about the Berk­shire Hath­away AGM be­ing broad­cast on­line and I fi­nally man­aged to watch all of the more than five hours of video. To sum up my feel­ings – I’m dis­ap­pointed. As some­body who has never at­tended the AGM, I al­ways got the im­pres­sion that it was chock-full of great in­sights, new ideas and witty com­ments. But in truth I saw very lit­tle of that. Maybe Buf­fett and Munger are get­ting old – maybe they’ve said ev­ery­thing they want to say – or maybe the event was al­ways just over­hyped. What­ever the case, it cer­tainly sug­gests that the long and ex­pen­sive trek to Omaha for the AGM is not worth the price tag.

Pro­jec­tions of War­ren Buf­fett, CEO and chair­man of Berk­shire Hath­away, and vice-chair­man Charles Munger at the Berk­shire Hath­away AGM in Omaha, Ne­braska, USA.

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