Pilgrimage to Warren Buffett's Omaha

In this summary you will learn

• What happens at Berkshire Hathaway’s annual shareholders’ meetings
• What questions shareholders ask Warren Buffett and Charlie Munger
• What the two men answer
• What is Buffett’s investment philosophy

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Why you should read Pilgrimage to Warren Buffett's Omaha

Hedge fund expert Jeff Matthews is one of the “Omaha pilgrims” who can’t wait to attend Berkshire Hathaway’s annual shareholder meeting each May. He sees Berkshire Chairman and CEO Warren Buffett as “John, Paul, George and Ringo, all rolled into one.” Buffett and his partner, Vice Chairman Charlie Munger, give everyone a good time at the “Warren and Charlie Show.” Usually the opener is a cartoon depicting the two men in some goofy escapade. Buffett plays the ukulele (on video). Board member Bill Gates signs autographs. Singer Jimmy Buffett (no relation) often entertains. The stockholders love everything about Berkshire, as well they should. A person who put $10,000 into its stock when Buffett took it over in the mid-1960s saw that investment reach $84 million at its peak, thanks to Buffett’s prowess. getAbstract suggests that – if you can’t attend the wonderfully kitschy annual shareholders’ meeting (first requirement: pay tens of thousands of dollars for a single share of stock) – the next best thing is to read Matthews’s book. Just learning how Buffett selects stocks would be worth the book’s cost even if it weren’t fun to read. And it is.

About the Author

Jeff Matthews is a hedge fund manager and author of the popular blog, “JeffMatthewsIsNotMakingThisUp.”