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News The Berkshire Hathaway annual meeting is a shareholder party

The Berkshire Hathaway annual meeting is a shareholder party

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Berkshire Hathaway’s annual meeting is easily

the largest with more than 40,000 shareholders

attending.

At the conglomerate’s meeting last weekend,

the crowd filled an arena and several overflow

rooms to hear revered investors Warren Buffett

and Charlie Munger answering

questions.

Attendees want to learn from

the two successful investors.

But they also come to Omaha,

Nebraska, to attend investment

conferences and see friends at

other events, said Whitney

Tilson, who just attended his

22nd consecutive meeting.

Walmart hosts the

second-largest meeting but it

began with six shareholders in a

coffee shop near the company’s warehouse after

it went public in 1970. It grew into a picnic hosted

by founder Sam Walton, Walmart spokeswoman

Tara Aston said.

One of the only other annual meetings that

comes close is the Green Bay Packers. The team

holds a shareholders meeting

because they are the NFL’s

only publicly-owned team.

Roughly 7,000 fans show up for

the event.

Ted Allen with the National

Investor Relations Institute says

most shareholder meetings in

the United States don’t attract

much of an audience, aside

from a few individual investors,

employees, and retirees who

hold company stock.

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