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Posted July 29, 2009
Insightful report on Buffett's annual meeting
Hedge fund expert Jeff Matthews is one of the "Omaha pilgrims" who can't wait to attend Berkshire Hathaway's annual shareholder meeting each May. He sees Berkshire Chairman and CEO Warren Buffett as "John, Paul, George and Ringo, all rolled into one." Buffett and his partner, Vice Chairman Charlie Munger, give everyone a good time at the "Warren and Charlie Show." Usually the opener is a cartoon depicting the two men in some goofy escapade. Buffett plays the ukulele (on video). Board member Bill Gates signs autographs. Singer Jimmy Buffett (no relation) often entertains. The stockholders love everything about Berkshire, as well they should. A person who put $10,000 into its stock when Buffett took it over in the mid-1960s saw that investment reach $84 million at its peak, thanks to Buffett's prowess. getAbstract suggests that - if you can't attend the wonderfully kitschy annual shareholders' meeting (first requirement: pay tens of thousands of dollars for a single share of stock) - the next best thing is to read Matthews's book. Just learning how Buffett selects stocks would be worth the book's cost even if it weren't fun to read. And it is.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted December 11, 2008
This book is a wonderful look into the world of Berkshire Hathaway!
Jeff Matthews spins an interesting tale using his two trips to Berkshire Hathaway annual meetings as bookends. He is an intelligent and insightful writer, and he uses his long years of experience as both a financial analyst for Merrill Lynch and as a hedge fund manager to help the reader to peer behind the curtain at Warren and Charlie's yearly version of the "Electric Koolaid Acid Test" for capitalists.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted October 30, 2008
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