Pilgrimage to Warren Buffett's Omaha: A Hedge Fund Manager's Dispatches from Inside the Berkshire Hathaway Annual Meeting

Pilgrimage to Warren Buffett's Omaha: A Hedge Fund Manager's Dispatches from Inside the Berkshire Hathaway Annual Meeting

2.6 10
by Jeff Matthews
     
 

View All Available Formats & Editions

Welcome to the “WOODSTOCK OF CAPITALISM”



Omaha Nebraska, Saturday May 3, 2008 The nation’s largest mortgage lender, Countrywide Credit, has collapsed after 38 years of making home loans—-a victim of its own aggressive lending practices, soaring loan losses, and a credit squeeze that forced it to sell out at a fire-sale price.<

Overview

Welcome to the “WOODSTOCK OF CAPITALISM”



Omaha Nebraska, Saturday May 3, 2008 The nation’s largest mortgage lender, Countrywide Credit, has collapsed after 38 years of making home loans—-a victim of its own aggressive lending practices, soaring loan losses, and a credit squeeze that forced it to sell out at a fire-sale price.



Bear Stearns, which survived the Crash of 1929 without a single layoff and ranked among the top investment banks in the United States, virtually disappeared overnight after 85 years on Wall Street. Only an 11th hour rescue by JP Morgan and the U.S. Treasury prevented a world-wide financial meltdown.



And 31,000 people have converged on Omaha to hear what Warren Buffett thinks will happen now.



The “Oracle of Omaha” is in the building.



“After reading Pilgrimage to Warren Buffett’s Omaha, my view of Buffett has been radically changed. Jeff Matthews reveals some of Warren Buffett’s most interesting professional foibles and personal blemishes.”—Douglas A. Kass, Seabreeze Partners Management Inc.



Product Details

ISBN-13:
9780071601979
Publisher:
McGraw-Hill Companies, The
Publication date:
10/07/2008
Pages:
312
Product dimensions:
5.90(w) x 9.10(h) x 1.20(d)

Meet the Author

Jeff Matthews founded Ram Partners, LP, a hedge fund based in Greenwich, CT, in 1994. His distinctive financial blog, Jeff Matthews Is Not Making This Up, is regularly featured in the Wall Street Journal’s blog roll and has a loyal following among Wall Street analysts, traders, and portfolio managers, as well as investors around the world.

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >

Pilgrimage to Warren Buffett's Omaha: A Hedge Fund Manager's Dispatches from Inside the Berkshire Hathaway Annual Meeting 2.6 out of 5 based on 0 ratings. 10 reviews.
Nicholas Gommez More than 1 year ago
stunk
RolfDobelli More than 1 year ago
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.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
MikeDaroque More than 1 year ago
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.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
PenrodWinningford More than 1 year ago
How lucky we all are to have Warren Buffett around to provide council and wisdom during these extraordinarily difficult times in the financial markets. Call him Sage, Oracle or whatever but Thank God he is here for us.

Jeff Matthews goes to right to the source and comes back with ... a lot of mean spirtied observations of the regular folks that attend the annuual Warren-a-palooza in Omaha. No doubt a lot of wisdom was dispensed while Mr. Matthews was in the audience but it all flew right past him. He was too busy sneering to learn anything. And thus he is not in a position to pass much of anything except disdain. Thanks but life is too short.

Snowball is a delight go there instead.
Anonymous More than 1 year ago
JimRogers36 More than 1 year ago
Why bother killing trees for this? This is just a collection of Mr. Matthews blog posts about attending the Berkshire Hathaway annual meeting. You can read them for free online. Truth be told--they weren't that great to begin with. It is hard to comprehend why anyone would go to the bother of slapping together these dull blog posts other than to capitalize on interest in Warren Buffett.