Billionaire Warren Buffett hosts an annual shareholders meeting of the Berkshire Hathaway Inc. in Omaha. In 2018, the meeting expected to go down in May. The conference which brings together all the shareholders of this firm involves straight talk from various participants with the highlight being an address from the CEO and Chairman Warren Buffett. The conference will be a 3-day event. The conference has become very popular in recent years with participants coming from various parts of the world. Tens of thousands of people attend this event which is held in Omaha, the birthplace of Warren Buffett. Buffett has even been dubbed the “Oracle of Omaha.”
One of the best moments of this conference is when CEO Warren Buffett and his Vice- Chairman Charlie Munger engage the participants in a questions and answers session that lasts 6 hours. Most of the questions revolve around the stocks the company has invested in. Warren Buffett also engages the public in social events such as “newspaper tossing challenge” and drinking his favorite drink the cherry Choke. Berkshire Hathaway Inc. has invested in numerous industries ranging from battery maker Duracell to other insurance and banks. Recently the company was in the headlines after investing heavily in Apple.
Warren Buffett takes the shareholders through the events which have taken place in the last one year in the company and outside the company. Warren treats the shareholders as visitors who have just joined the firm for the first time and therefore do not have prior knowledge about the firm operations. He takes the participants through decisions he has made on behalf of the company and the reason he made them.
In 2018, some of the issues that are expected to come up include the acquisition strategy the company is exploring. In the last one year, the company has not invested heavily in any new investments. There are enough funds for investment, but the company stayed out waiting for the right opportunities to pop up.