Oracle of Omaha

Omaha is home to many things, like the first Super Target, Conagra Foods, TD Ameritrade, Gorat's Steakhouse and the College Baseball World Series. But, on the first Monday in May, Omaha is well known for quite another reason.

At this time, investors of all kinds trek to Omaha for the annual meeting of shareholders of Berkshire Hathaway. Labeled as sort of a financial "woodstock", the meeting has turned into a weekend event, attracting folks from Wall Street types like Mario Gabelli to Bill Gates to Cornhusker faithful from rural areas like Duncan and Hastings. And Orlando?

Scheduling conflicts prohibited this shareholder from attending this year, and that is disappointing since an opportunity to hear Mr. Buffett and Mr. Munger discuss the company and the marketplace is invaluable and should not be missed. My parents had ball a few years back when they attended.

http://www.cnbc.com/id/15840232?video=730393759




Although he pledged his support for Hillary Clinton in the presidential election, which I find puzzling, Warren Buffett is great, not only as the top investor of all time, but as a philanthropist and proud representative of the great state of Nebraska. Go Big Red!