Nebraska Insurance

Judy Hull, Ashland, Nebraska, was travelling in the general meeting of Berkshire Hathaway near Omaha in the last five years.

As for all the estimated 40000 investors, the pilgrimage weekend after the event, she is a supporter of Berkshire Chairman, Warren Buffett, known as the Sage of Omaha.

“I simply love to hear from Warren. It is honest and it shows how it is. ”

For six hours on Saturday, Mr. Buffett and his business partner, Charlie Munger, often waives the wisdom kriecherisch domestic shareholders, flew remote locations, such as Australia and India, and were packed in a stadium increasingly used for pop concerts.

At a time when investors were burned by bankers and investment managers who are pilfering, it is easy to understand the appeal of Mr. Buffett’s no-nonsense approach.

He refused to buy the technology boom, is strongly opposed by most paid as head of forces and vertrackt accountant, he buys, he understands that things like sweets, bricks and drinks not alcoholic, and it depends on them. It is not an investor or short-term Asset Stripper. Mr. Buffett is the nice type of financing.

Amid questions about the investment strategy, a boy of 13 years in California, at its third session, asked if the happiness and success was the same thing. Unfazed, Mr. Buffett, drew in his down to earth, west-central reservations. The money can not buy happiness: “If you do love all absent. It is as easy as the “.

For the remainder of the year, Mr. Buffett keeps a low profile, driving to his favorite Steak House, Gorat’s, and living in the household, he bought for $ 31500 40 years in a pleasant environment cut off from lawns and Mock Tudor houses, but little erratic. He rarely appears in public - in response to a question on Saturday, he said it was something very unattractive for a rich man spouting opinions.

There is little sparkle on the weekend, despite Berkshire shares is approximately $ 70000 a piece. At the receiving Party, long queues exclusively white, most elderly snaked a hall zurückstreifen wait in the buffet with chicken Drum Sticks, gray buns and meatballs, stapled dishes as small as many had with courtesy and ditched both. Mr. Buffett, although with a value of approximately $ 30 billion, became famous stingy.

Perhaps seen in one of its success, he never missed an opportunity to turnover. A brochure for a company Berkshire, Geico automobile insurance, is fulfilled in the annual report. At the meeting, there are booths for each company Berkshire, including Fruit of the Loom, See’s Candy and Pampered Chef. Among the keepsakes, investors Christmas was able to buy a game with profiles smile Buffett and Munger. Given that many investors became rich by holding shares Berkshire, Santa association comes naturally.

At 72, Mr. Buffett, the opening is not the height in a room playing baseball this year. But most other traditions. Leaders of the boat company Berkshire cowboy, Justin Brands, came a horse. It was a barbecue on Saturday evening and a dinner at Gorats Sunday. During a demonstration in full-time, Mr. Buffett sang the piano. Most demonstrations have taken place either in the Mall shopping Borsheims side of the jewelry or the Nebraska Furniture Mart. Both, of course, owned by Mr. Buffett. For shareholders, there were 20% reduction.