Showing posts from May, 2007

Business: Warren Buffet & Charlie Munger

Friends, I never thought that one day would get excited about going to Omaha, Nebraska. However, I was ecstatic to attend the “Woodstock of capitalism"-Berkshire Hathaway annual shareholder meeting-last weekend in Omaha. Thanks to my friend, Shriniwas, who owns a few shares of Berkshire Hathaway. There were 27,000 attendees from all over the world. Most of the crowd was very unassuming. I met people with net worth of $100M+, managers of $100B funds, mechanics, farmers, etc. All admirers of Warrant Buffet and Charlie Munger! We started with a cocktail party on Friday evening which was hosted at the jewelry store, Borsheims, owned by Berkshire Hathaway. Very unique party-millionaires standing in line for a long time to get free food Next morning around 6:30AM, we stood in line to get in the stadium where the meeting was being held and it was supposed to begin at 8:30AM. We learned that people had been in line since 4:00AM to get good seats. We did get OK seats and managed t