2018 Berkshire Hathaway Annual Meeting

As a value investor, going to the Berkshire Hathaway Annual Meeting is like a rite of passage. I thought that my time might be running out since both Charlie and Warren are getting old. So, this year I bought a share of BRK (class B of course), bought my plane ticket to Omaha, reserved a hotel for the weekend, and was ready to meet and network with fellow value investors. Furthermore, since 2015, I had been following this podcast called “The Investor’s Podcast”. The hosts of the podcast go to the Berkshire meeting every year and organize events for their listeners in Omaha. So, I knew I would have good company when I do attend the meeting.

Friday:

Woke up at 5am because I had a plane to catch from Baton Rouge airport. Upon getting to my gate, I saw that Warren Buffett was on TV. Berkshire had started buying some Apple shares during the first quarter.

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I reached Omaha airport around 12:30pm, which meant that I had to grab a quick bite, check into my hotel to drop off my stuff, and head over to CenturyLink Center for shareholder shopping day. The shareholder shopping day was nothing less than a carnival. It was not until today that I realize how big the Berkshire family truly was. It was crazy to see so many individuals who were passionate about investing like me. The shareholder shopping day had everything – from dollar DQ dilly bars to special Fruit of the Loom’s boxers for Berkshire meeting to Geico insurance and Coca cola… It is at this moment that I realized what a conglomerate meant.

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After the shareholder shopping day, I walked around Omaha downtown and then attended the networking event that was organized by The Investor’s Podcast (TIP). There I interacted with multiple individuals who shared the same interests as me. I showed my friends back home that I was not the only crazy one who is obsessed with investing.

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After making some new friends and talking about our investing stories, I headed back to the hotel because I had to wake up at 3am the next day (anything for good seats).

Saturday:

The big was that I had been waiting for so long was here. I woke up at 3am, got dressed, had a snack, and headed over to the Century Link Center. I got there around 4am, and there was already a line in front of the door. One of the individuals that was by the door told me that he had camped outside the door the whole night.

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The doors opened at 7am, and I it was time to secure good seats. I ended up sitting in a seat that gave me the view below. Close enough to see Warren and Charlie in person.

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A few minutes went by…

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About an hour later, Warren Buffett walks in…

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Do you see him? Let me point him out to you…

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By now, the CenturyLink Center was packed… people from all around the world were here. To see and listen to Warren and Charlie share their ideas.

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It was around 8:30am, and Charlie and Warren were seated, and I was looking forward to watch the company video that Berkshire had made for the owners…

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We weren’t allowed to use our cell phones during the meeting, so the next pictures will be the ones I took during lunch break. To know about what questions Warren and Charlie answered, you can just look up the shareholder meeting video on YouTube. 🙂

It was lunch break, and I decided to take a nap… I still had a long day ahead of me.

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The meeting resumed after lunch break, and many good questions were asked and answered. The meeting ended around 4pm. It was worth every penny that I had spend to come see him and experience the shareholder meeting in person.

Also saw Bill Gates before heading out…

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So, that’s where the day ends? Nooooo… There is more. Next up, I go to the Nebraska Furniture Mart picnic that was organized for the shareholders…

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After I had my belly full, I was ready to go to the social event that The Investor’s Podcast (TIP) had planned for us. It was a bit rainy, but nothing can stop a value investor… I met a lot more people and networked for the rest of the night.

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That’s my picture with the hosts of TIP. Great individuals!

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It was a long day… I got back to my hotel around 1am, and I had a flight to catch in 4 hours!

Sunday:

All good things must come to an end… It was time to go back home, but there is always  next year!

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That was an incredible weekend. I can’t wait until next year! Hope to see some of you guys at the meeting next year 🙂 It is definitely worth it.


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