At Sather Financial Group, we travel to Omaha, Nebraska, each year for the Berkshire Hathaway Annual Shareholders Meeting. Let’s be honest, 99 percent of attendees don’t go to hear about quarterly performance. They go to see Warren Buffett, to soak up his wisdom.
The weekend is a mix of professional and do-it-yourself investors from all over the world, with value investing events held before and after the main attraction: the Oracle of Omaha himself.
As a first-time attendee, I was excited to network with like-minded investors and take notes—but I didn’t expect Buffett to announce he was stepping down as CEO by the end of the year. The rumors had been swirling, but hearing it in person was bittersweet. I realized I was witnessing history.