The Warren Buffett faithful are gathering again in Omaha, Nebraska, hoping to get a pearl of wisdom from America’s top investor.
Berkshire Hathaway’s annual shareholder meeting, dubbed “Woodstock for Capitalists,” will hold its annual shareholder meeting on Saturday.
It’s a three-day event that offers everything from shopping, to a 5K race, to a picnic, and attracts 40,000 people from around the world each year.
Others came for the festival. Some are for celebrities (Apple’s Tim Cook and actor Bill Murray appeared last year). But most came to hear Buffett and his vice chairman, Charlie Munger, offer their thoughts on investing and the current climate. Together, the pair offers a multihour seminar (last year five hours, with a break for lunch).
As for Buffett and Munger? They are in it for Coca Cola and See’s peanut brittle.
“Charlie and I have no shame, Buffett wrote his letter to shareholders earlier this year. “Last year, at our first shareholder meeting in three years, we greeted you with our usual commercial rush. From the opening bell, we went straight for your wallet. In short order, our See’s kiosk sells you eleven tons of nutritious peanut brittle and chocolates. In our PT Barnum pitch, we promise you a long life. After all, what else but candy from See can cause us to- did Charlie reach 99 and 92?”
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Can’t make the trip to Nebraska or don’t have your own parts and can’t get in the door? You can hear what Buffett had to say. Take notes!
When is Berkshire Hathaway’s annual shareholder meeting?
The gathering begins at 11:00 am CT (12:00 pm ET) on Friday May 5, but the heart of the meeting will take place on Saturday, May 6. The Q&A session with Buffett and Munger will begin at 10:15 am ET. and runs at 4:30 pm ET (with a one-hour break for lunch).
Where can I watch Warren Buffett and Charlie Munger’s address to shareholders?
CNBC will air the Q&A, with coverage beginning at 10:00 am ET on May 6. This will be the first time the meeting has been broadcast.
How many questions will Buffett and Munger answer?
Questions will alternate between shareholders attending the meeting in person and those submitted by shareholders online. CNBC’s Becky Quick will moderate the Q&A.
“Everybody said, [we] probably handle about 60 questions,” Buffett told attendees of a festival guide. “Last year, I made the mistake of spending too much time on some subjects. Because of this, we answer very few questions. I will not go astray this year.”
Can I watch Berkshire Hathaway’s annual shareholder meeting online?
As it is the exclusive broadcast home of the meeting, CNBC has sole streaming rights. That webcast begins at 9:45 am ET at CNBC website.
Another option, of course, is through the many streaming sites that carry CNBC. Here are some options.
Hulu with Live TV
The free trial of this service is no longer offered, as well. It will cost you $70 per month.
YouTubeTV
After until a two week trialyou can expect a monthly fee of $73.
Sling TV
Dish Network’s Sling raised its prices last year. The low-level “Orange” plan will run you $40 per month. Adding the more comprehensive “Blue” plan raises the cost to $55 per month. (A $5 per month increase for each.) The seven-day free trial disappears with the price increase.
DirectTV Stream
Formerly known as DirecTV Now, AT&T TVNow and AT&T TV, it often referred to as a streaming service will run you $70 per month and up after the free trial option.
Fubo TV
A sports-focused cord-cutting SERVICES might be an odd choice for business coverage, but Fubu also carries CNBC. There is a seven-day free trial, followed by a monthly fee of $70–$100, depending on the channels you choose.