Sunday, May 03, 2009

Berkshire Hathaway AGM 2009

Fox's Liz Claman has this year's best transcript of Saturday's annual Q&A with Warren and Charlie. Lots of food for thought. Probably the first and last time I'll ever link to a Fox News product. Annual press conference the following day here, courtesy CNBC.

"Q: Why do so many people come to the annual meeting?

BUFFETT: Because they have a lot of fun and they feel like they're part of the act. We treat them like partners and they feel like partners. 'It's a real company to them.' We're proud of the companies we've bought and the products they make and we want our partners to feel proud, too.

MUNGER: We're sufficiently peculiar so people don't have a lot of other options."

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