New York Times (May 6)
When Warren Buffet unexpectedly announced his retirement at the end of 2025, “people in the crowd, many of whom were in tears, rose from their seats in a standing ovation for a singular figure in the business world.” The Oracle of Omaha, as he is known, “is often described as a symbol of American capitalism. In truth, he is an outlier. He is more the conscience of capitalism, willing to speak uncomfortable truths about the system’s ills while others remained silent.” A humble billionaire, Buffet “always comes across as a gentleman, and in an age of distrust he has become a trusted figure.” No doubt, another “of his biggest accomplishments” was “using his annual Berkshire letters and marathon Q&A sessions with shareholders to educate generations about business, investing and life itself.”
Tags: Berkshire, Buffet, Capitalism, Conscience, Educate, Gentleman, Humble, Oracle of Omaha, Outlier, Ovation, Q&A, Retirement, Shareholders, Tears, Trusted, U.S., Uncomfortable truths
Washington Post (May 5, 2013)
“Part rock concert, part investment workshop, the annual gathering of Berkshire Hathaway shareholders is an odd mix.” This year about 30,000 people attended what has become known as “Woodstock for capitalists.” During an annual highlight, Chairman Warren Buffet and Vice Chairman Charlie Munger participated in over 5 hours of Q&A. This year, “the questions seemed somewhat tougher and more detailed because of the addition of a panel of investment professionals, including Doug Kass, who has a negative view on Berkshire’s stock.” The wide-ranging questions also came from shareholders, journalists and analysts.“Part rock concert, part investment workshop, the annual gathering of Berkshire Hathaway shareholders is an odd mix.” This year about 30,000 people attended what has become known as “Woodstock for capitalists.” During an annual highlight, Chairman Warren Buffet and Vice Chairman Charlie Munger participated in over 5 hours of Q&A. This year, “the questions seemed somewhat tougher and more detailed because of the addition of a panel of investment professionals, including Doug Kass, who has a negative view on Berkshire’s stock.” The wide-ranging questions also came from shareholders, journalists and analysts.
