Berkshire Hathaway's Annual Meeting is Today ... stay tuned

Berkshire Hathaway is expecting a record turnout for tomorrow’s annual meeting.  Click on the link to read Warren's statement or download the most recent annual report (May 2, 2008).

A preview of the annual meeting:

There’s plenty for shareholders to ask the Oracle—how his new bond insurance business is going, the deal for Wrigley, those rumors about buying American Express, when he thinks all this credit craziness will end, details on who is going to take over Berkshire after he’s gone. Tune in tomorrow for a play-by-play as he and Charlie Munger field five hours of questions.

ps. I hope the link works as I cannot directly get there from here (China).

The beginning of his most recent report goes like this:
To the Shareholders of Berkshire Hathaway Inc.:

Our gain in net worth during 2007 was $12.3 billion, which increased the per-share book value of
both our Class A and Class B stock by 11%. Over the last 43 years (that is, since present management took over) book value has grown from $19 to $78,008, a rate of 21.1% compounded annually.*
Clicking on the header above ("To the ...") will bring up a "pdf" file so you much have Adobe Acrobat.

 

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