Whitney Tilson on the events in Omaha; Warren Buffett’s ‘ringmaster’ turns grand ideas into reality; Oriental Trading; Curtis Macnguyen is a former hedge fund star; The Divide; Jon Stewart; no, the banks aren’t losing; the $9B witness: meet JPMorgan’s worst nightmare.
Whitney Tilson: Berkshire Hathaway annual meeting
1) On Friday I’m flying to Omaha to attend my 17th consecutive Berkshire Hathaway annual meeting. I’m especially looking forward to it this year for two reasons: first, it’s the 50th anniversary of the year Buffett took control of Berkshire, so the carnival should be bigger than ever; and second, it’s the first time one of my children is attending (my oldest of three daughters, a 19-year-old college freshman, is flying in from Minneapolis).
If you’re going to be there as well, I’d like to invite you to three events on Friday evening, Saturday afternoon, and Sunday morning, all in the St. Nicholas Room at the Omaha Hilton:
1) My friend Chuck Gillman and I are hosting our annual cocktail party from 8pm-midnight on Friday, May 1st. No agenda, no speeches, no dress code – just come, enjoy the drinks and snacks, and meet other value investors.
2) Chuck and I are also hosting a casual get-together immediately following the annual meeting on Saturday, May 2nd – just walk across the street or take the skybridge to the Hilton. It will end around 6pm.
3) On Sunday morning, May 3rd from 8-10am I will host my annual breakfast for investors and prospective investors in my funds. I will give a presentation and then take questions.
To RSVP for these events, please email Jill at jill@redgeglobal.com and include:
- Which event(s) you plan to attend
- Your name as you wish it to appear on your nametag
- Firm (if any)
- City you’re from
I look forward to seeing you!
Whitney Tilson: Warren Buffett’s assistants
2) Here’s a fun article in the WSJ about one of Buffett’s assistants, who spends much of the year organizing each meeting: