Wall Street rock stars, Warren Buffett and Charlie Munger, are set to take questions at the annual pilgrimage that is Berkshire Hathaway’s annual shareholder meeting in Omaha.
Buffett is one of the most revered investors whose every word is closely followed by the financial set. And perhaps for a good reason, Berkshire has good record of outperforming the market. Presently, however, Berkshire’s class A shares BRK.A, +1.93% are showing a year-to-date decline of 1.7%, compared with a drop of just 0.4% for the S&P 500 index SPX, +1.28% so far this year and a decline of 1.9% for the Dow Jones Industrial Average DJIA, +1.39% over the same period.
However, unless you’ve made the voyage to the Berkshire event where Buffett, and his right hand man, Munger, philosophize about Wall Street, the economy, as well as peanut brittle and Cherry Coke, there are few ways to track the confab.
- ^ thousands of Buffet fans flock (www.marketwatch.com)
- ^ CenturyLink Center (www.centurylinkcenteromaha.com)
- ^ This is what the Warren Buffett empire looks like, in one giant chart (www.marketwatch.com)
- ^ BRK.A, +1.93% (www.marketwatch.com)
- ^ SPX, +1.28% (www.marketwatch.com)
- ^ DJIA, +1.39% (www.marketwatch.com)
- ^ Buffett’s Berkshire Hathaway books rare $1 billion loss on investments (www.marketwatch.com)
- ^ peanut brittle (www.youtube.com)
- ^ Cherry Coke (money.cnn.com)