May 9, 2006

News & Opinion: The annual Berkie flood to Omaha

By: 800-CEO-READ @ 3:19 PM – Filed under: Management & Workplace Culture

The Berkies filled Omaha's streets this past weekend for Berkshire Hathaway's annual meeting. The discussion revolved around everything from global warming and petroleum costs to um...Anna Nicole Smith (free registration required).
The link is to live updates of the annual meeting and says something about Warren who is my hometown's own modest billionaire. It says that Berkshire Hathaway knows how to be serious and have fun -- while staying on the trend of keeping people up to date with jouranlists doing live updates.
Another interesting note by the Omaha World Herald, was on an author who was autographing books at the conference. The author, Laura Rittenhouse, published a book a year ago on doing business with people you trust. She compares Buffett's letters to shareholders to those sent out by Enron and says that you can tell a lot about a company simply from these letters. You can read more about the book here.
Charlie Munger's wisdom: "It's a good habit to trumpet your failures and be quiet about your successes."
Charlie Munger on those aspiring to be the next Warren: "The best thing you can do is reduce your expectations."