This year marks Warren Buffett’s 50th at the helm of Berkshire Hathaway, and the billionaire is diving into 2015 as vigorously as ever. His most recent headline-grabber is orchestrating the enormous merger between Kraft Foods Group (NYSE:KRFT) and H.J. Heinz.
Buffett’s next stop: the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska this May.
This year’s gathering stands to be the conglomerate’s biggest yet – and you can be a part of it. How?
We’re inviting one lucky iBillionaire user to attend the Berkshire Hathaway Annual Shareholders Meeting on May 2nd. We’ll pay for your plane ticket from anywhere in the continental U.S. as well as hotel accommodations. All you have to do to win: get your friends to create an account with iBillionaire. The individual who gets the most sign-ups wins. It’s that simple! Get the details and start referring here.
Still not convinced? Here are three reasons this year’s meeting will be Berkshire’s biggest yet.
ONE: Buffett Hits the Big 5-0
This year has been dubbed Berkshire Hathaway’s “Golden Anniversary” and marks the completion of Warren Buffett’s fifth decade in the lead at the textile manufacturer, which he took control of in 1965.
Both Warren Buffett and his long-time business partner, Charlie Munger, drafted special – and separate – letters to mark the occasion. Both reflected on Berkshire’s past 50 years and outlined their own views for what lies ahead. You can read both letters in full here.
One interesting note: Buffett began buying shares of Berkshire at $7.60 each and has since seen its price skyrocket. Today, a Berkshire Class B (NYSE:BRK.B) share will run you about $143, and Berkshire Class A (NYSE:BRK.A) $216,000.
TWO: It Will Be Fun
Attendees will want to arrive at Omaha’s CenturyLink Center bright and early on Saturday, May 2nd – Buffett suggests getting there at 7:00 a.m. And once people are in, there will be plenty to do.
At 7:30 a.m., Berkshire will host its fourth International Newspaper Tossing Challenge. Anyone is welcome to challenge Buffett in the contest, and whoever throws better than him will win a Dilly Bar, paid for by the Oracle himself. A new Berkshire movie will be shown at 8:30 a.m., and a Q&A session will last from 8:30 to 3:30 (with a lunch break in the middle). The business portion of the meeting, starting at 3:45, will last for about an hour.
There will be plenty of shopping opportunities, too. “Your venue for shopping will be the 194,300-square-foot hall that adjoins the meeting and in which products from dozens of Berkshire subsidiaries will be for sale,” Buffett wrote in his annual letter. “If you don’t get your shopping done on Friday, slip out while Charlie’s talking on Saturday and binge on our bargains. Check the terrific BNSF railroad layout also. Even though I’m 84, it still excites me.”
THREE: There Will Be Surprises
Those attending the Berkshire Hathaway Annual Shareholders Meeting will hear firsthand from Buffett and Munger and get the inside scoop. Three journalists – Carol Loomis, Becky Quick and Andrew Ross Sorkin – will shoot questions at the pair, and a panel of analysts who follow Berkshire will make inquiries as well.
Neither Buffett nor Munger “get so much as a clue” about the questions headed their way. “Some will be tough, for sure, and that’s the way we like it,” Buffett wrote. In total, 54 questions are expected – six from each journalist and analyst, and 18 from the audience.
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