A Not to Be Missed Shareholder Meeting Online

I have tried several news channels during this stay-at-home era. The news presented on CNBC, Bloomberg Radio and TV, and Yahoo Finance channels focus on business economics. The interviews are with leaders in the trenches sharing their first-hand experiences and plans. Commentators are nonpartisan, seeking multiple views of current events.

On Saturday there is the opportunity to witness a program not usually open to the public. Because of the pandemic, Berkshire Hathaway’s annual shareholder meeting will be broadcast online. Anyone can tune in unlike the traditional in-person meeting where attendees must be shareholders.

The 2020 meeting on Saturday, May 2, 2020, begins at 3:45 p.m. central time. It will be live on the Internet from Yahoo with a pre-meeting show beginning at 3:00 p.m. central time. The address: https://finance.yahoo.com/brklivestream.

Warren Buffett, Berkshire’s CEO, and Greg Abel, Berkshire’s Vice Chairman-Non-Insurance Operations, will be physically present at the meeting. In addition to the formal business agenda, they will respond to questions submitted to three journalists. The questions, submitted in advance, will be chosen by the journalists according to what they deem the most interesting and important. Mr. Buffett and Mr. Abel will have no prior knowledge of the questions, but “they will not discuss politics or specific investment holdings.”

I’m tuning in. This will be an opportunity to see the leader of one of the most successful enterprises in America reporting to his owners. There could be some useful takeaways for credit unions, many of whom are conducting their annual meetings online.

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