Berkshire Hathaway Inc (BRK.A)

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SA: "Watch The Berkshire Hathaway Meeting For Fun, But Invest For The Value."

"Summary
* Berkshire Hathaway's annual meeting will be held on May 1 featuring Warren Buffett and all three vice chairmen for the first time.

* Don't expect any market-moving pronouncements.

* Earnings growth and multiple expansion at the non-insurance businesses are the biggest drivers of my valuation estimate increase.

* Berkshire is worth about 13% over current levels based on the sum-of-the-parts model I have used before."


A Different Kind Of Annual Meeting

Berkshire Hathaway (BRK.A) (BRK.B) is known for its annual meetings in which 30,000+ shareholders and Warren Buffett / Charlie Munger fans flock to Omaha the first weekend in May and pack an arena for a marathon Q&A session where just about any question is fair game.

The weekend also features opportunities for participants to get together and sample and buy products from Berkshire's numerous subsidiaries. Since 2016, the meeting has been livestreamed for those who just want to see the Q&A session without the fun of a trip to Nebraska. The pandemic unfortunately put a damper on these activities in 2020 when Warren Buffett and non-insurance Vice Chairman Greg Abel sat alone in a dark empty arena taking questions remotely from CNBC's Becky Quick. This year's meeting will also be virtual.

The May 1st annual meeting is moving to Los Angeles for one year to accommodate 97-year old Vice Chairman Charlie Munger who couldn't travel in 2020. The meeting will also feature insurance Vice Chairman Ajit Jain for the first time. Online coverage will begin at 10 AM PDT (1 PM Eastern) with Q&A lasting for 4 hours before the brief formal Annual Meeting with proxy voting wraps things up."

https://seekingalpha.com/article/4421138-berkshire-hathaway-stock-watch-meeting-for-fun-invest-for-value