We now understand why they call it “Woodstock for capitalists.”
The Berkshire Hathaway annual meeting is an all-out festival.
Berkshire shareholders come in form around the world to see their CEO Warren Buffett speak for hours on Saturday morning.
While Buffett is speaking, there is a shopping event in the convention center adjoining the arena the meeting is held in, but for this year’s 50th edition, Berkshire held a second shopping day for the first time.
We went inside to see what the madness was all about.
And for the first few hours, it was, in fact, madness.
The CenturyLink Center in Omaha hosts both the shopping event in a convention hall, and the annual meeting in an arena right next door.
As we approach CenturyLink at around 11:30 am, it's clear there will be a line before the doors open at 12:00.
But we deal with the crowds because there are hilarious items like boxers with Warren Buffett and Charlie Munger on them.
Eventually we get out of Fruit of the Loom and head to Brooks Running to sign up for the 'Invest in Yourself' 5K on Sunday morning. Brooks is also mobbed.
Next we go check out some books. Berkshire Hathaway owns the parent of World Book, which publishes educational books and encyclopedias.
And underneath this book about Buffett you can see one of Bill Gates' favourites, 'Business Adventures.'
This picture doesn't quite do it justice, but the See's display was at least half a football field long.
...you can get your picture taken in front of a Wells Fargo wagon. Berkshire Hathaway is Wells Fargo's largest shareholder.
Borsheim's is also a major attraction, and the Borsheim's in Omaha hosts a number of shareholder events throughout the weekend.
Berkshire also owns NetJets, and all day there was a line to take a look inside a small private jet that the company might fly customers in.
And on the way out we caught this picture of a young Warren Buffett closing the first deal he ever made under the Berkshire Hathaway umbrella: National Indemnity Co.
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