Berkshire Hathaway Shareholders Meeting lived up to its hype

Last weekend, we had the opportunity to attend the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska.   “Woodstock for Capitalists” is a bucket list item for many investors and we finally crossed this epic event off our lists. For as long as we can remember, our Investment Team has discussed traveling to Omaha to take part in the Annual Shareholder’s Meeting and have the chance to see and hear Warren Buffett and Charlie Munger in person. Of course, our trip was one year too late, as Munger passed away in November, just one month short of his 100th birthday.    It was the first time any of us had been to Omaha and we thought it would be fitting to have lunch at Buffett’s favorite steakhouse, Gorat’s.  Gorat’s isn’t fancy or modern, but reservations were hard to come by and the restaurant was filled with Berkshire Hathaway shareholders from around the world.  A cut-out of Buffett is just inside the door and we could tell why he likes this place so much.  Since Gorat’s is a popular destination in Omaha, they added lunchtime hours to accommodate more people and featured a special menu on Berkshire Hathaway Shareholders weekend, complete with commemorative merchandise.    The scheduled activities started on Friday afternoon with the Shareholder Shopping Day at the CHI Health Center, which featured unique products from Berkshire Hathaway companies including Benjamin Moore, BNSF Railway, Duracell, GEICO, Jazwares, International Dairy Queen, Nebraska Furniture Mart, Oriental Trading, Pampered Chef, Pilot Company and See’s Candies.  We explored the exhibits, enjoying $1.00 treats from Dairy Queen, taking pictures of the Marmon Wasp, cutouts of Buffett in his Pampered Chef apron, and Buffett and Munger outside the Borsheim’s store.    CHI Health Center was also home to the Shareholders Meeting and because of our proximity, we could walk to the arena Saturday morning.  While the meeting didn’t start until 8:45 am, our adventure started before sunrise as… | Read More »