Wednesday, December 16, 2009

ASSOC PRESS: Berkshire shareholders eager to hear from Buffett

Associated Press - May 2, 2009 9:25 AM ET

OMAHA, Neb. (AP) - Roughly 35,000 people have filled an Omaha arena to listen to billionaires Warren Buffett and Charlie Munger dispense advice.

The economy and the state of Berkshire Hathaway Inc., which had its worst year in 2008, are on the minds of many shareholders. But mostly, shareholders seem eager to hear from their company"s top two executives.

Retired shareholder Paul Gallmeyer drove down from the Chicago area for the meeting. He says there aren"t any specific questions he wants to hear Buffett and Munger address.

Gallmeyer says he"s not especially worried about who will replace the 78-year-old Buffett. He says all of Berkshire"s more than 60 subsidiaries have people running them who will keep the company going after Buffett is gone.

Related Links

Share Investor Blog - Stockmarket & Business commentary
Share Investor New Zealand Business News- Get more business news
Discuss this topic @ Shareinvestor.net.nz
Share Investor"s Daily Forex Updates

Recommended Amazon Reading

Even Buffett Isn
Even Buffett Isn"t Perfect: What You Can-And Can"t-Learn from the World"s Greatest Investor by Vahan Janjigian
Buy new: $22.79 / Used from: $21.07
Usually ships in 24 hours

Kindle 2: Amazon"s New Wireless Reading Device (Latest Generation)

Bookmark and Share

No comments:

Post a Comment