Berkshire Hathaway Annual Meetings (1985-2024)
Warren Buffett and Charlie Munger's annual shareholder meetings in Omaha, featuring decades of investment wisdom, business analysis, and Q&A sessions.
The "Woodstock of Capitalism"
Berkshire's Annual Meeting has been called the "Woodstock of Capitalism." Tens of thousands of shareholders gather annually in Omaha to hear Buffett and Munger share their thoughts on business, investing, and life.
2024 Annual Meeting
Warren Buffett's final annual meeting featuring the memorial for Charlie Munger, covering AI, Apple, succession, and Berkshire's capital allocation strategy.
2023 Annual Meeting
First meeting without Charlie Munger, featuring Greg Abel as co-pilot, $165B insurance float milestone, and reflections on Munger's legacy.
2022 Annual Meeting
Return to in-person meeting with Alleghany deal announcement, inflation warnings, and Munger's 98th birthday appearance.
2021 Annual Meeting
Second virtual meeting with Munger from LA, covering airlines mistake, Apple regrets, SPACs criticism, and $70-80B capital to deploy.
2020 Annual Meeting
Berkshire's first virtual annual meeting due to COVID-19 pandemic
2019 Annual Meeting
Final annual meeting with Charlie Munger present in person, covering buyback policy, Kraft Heinz lessons, furniture retail competition, and Munger's succession humor.
2018 Annual Meeting
Annual meeting with Charlie Munger covering Apple investment, Elon Musk competition debate, healthcare partnership with Amazon/JPMorgan, and Berkshire's $100B capital position.
2017 Annual Meeting
Annual meeting with Warren Buffett and Charlie Munger discussing Wells Fargo scandal, driverless vehicles threat, airline investment defense, IBM/Amazon mistakes, and Berkshire's $100B cash position.
2016 Annual Meeting
Berkshire's 50th anniversary meeting with Precision Castparts acquisition announcement, Munger's "gets the girl" joke, and discussions on derivatives dangers, BNSF rail, and political neutrality.
2015 Annual Meeting
Annual meeting covering record earnings, Clayton Homes acquisition controversy, Kraft Heinz deal, and Charlie Munger's sharp criticism of investment management industry.
2014 Annual Meeting
Annual meeting covering record $77B insurance float, Kraft Heinz acquisition announcement, and Buffett's famous succession "bar mitzvah" joke with Paul Anka.
2013 Annual Meeting
Annual meeting with Buffett discussing his "American capitalism will do fine" speech, BNSF acquisition lessons, and Munger's sharp wit on taxes and optimal retirement age.
2012 Annual Meeting
Annual meeting during BNSF acquisition year, covering dividend policy, share repurchases, and Buffett's "rathole" metaphor for cash.
2011 Annual Meeting
Annual meeting covering debt ceiling crisis, European debt concerns, and Buffett's "dangerous decade" commentary.
2010 Annual Meeting
Annual meeting with Charlie Munger on "stupid" politicians, Alan Simpson obesity, Erskine Bowles deficit commission, and Berkshire's optimistic outlook.
2009 Annual Meeting
Post-crisis annual meeting where Buffett explained why he was buying during the panic, discussed the "financial Pearl Harbor," and Munger called derivatives "weapons of mass financial destruction."
2008 Annual Meeting
Annual meeting during the financial crisis where Buffett explained "The Leveraging of the American Dream," bought Goldman Sachs warrants, and reassured shareholders about Berkshire's resilience.
2007 Annual Meeting
Pre-crisis annual meeting where Buffett warned about housing bubble, introduced Iscar and TTI acquisitions, and discussed the "swimming naked" analogy.
2006 Annual Meeting
Annual meeting covering record earnings, Gen Re integration, and Buffett's famous "black Tuesday" story about being approached to sell his first stock.
2005 Annual Meeting
Annual meeting with Munger on the "vile" practice of quarterly earnings guidance and corporate America's focus on short-term results.
2004 Annual Meeting
Annual meeting discussing Berkshire's stock split debate, intrinsic value calculations, and Buffett's advice to investors to buy an index fund if they can't pick stocks.
2003 Annual Meeting
Annual meeting during the Iraq War period, discussing Berkshire's resilience, investment in Chinese oil, and Munger's criticism of corporate governance failures.
2002 Annual Meeting
Post-9/11 annual meeting where Buffett discussed terrorism insurance, Berkshire's resilience, and America's determination to bounce back.
2001 Annual Meeting
Dot-com crash aftermath meeting where Munger dismissed internet valuations as "partying" and Buffett explained why value investing still works.
2000 Annual Meeting
Dot-com bubble peak meeting where Buffett explained staying rational during the frenzy, discussed Gen Re acquisition, and Munger called internet speculation "a madness."
1999 Annual Meeting
Internet bubble peak meeting where Munger gave his famous warning about "human cleverness gone wrong" in the stock market.
1998 Annual Meeting
Pre-bubble peak meeting where Buffett discussed the Gen Re acquisition, record earnings, and explained why he's not worried about Y2K.
1997 Annual Meeting
Meeting discussing record stock price, Munger's "awful" long-term view of markets, and Buffett's advice to investors to buy index funds.
1996 Annual Meeting
Meeting focused on Class B shares creation, unit trust prevention, and Berkshire's stock valuation
1995 Annual Meeting
Meeting covering preferred stock authorization, acquisition currency options, and Berkshire's flexible capital structure approach
1994 Annual Meeting
Meeting where Buffett warned about derivatives as "ignorance and borrowed money" and discussed risks in reinsurance
1987 Annual Meeting (Kingswell Reconstruction)
Kingswell's reconstruction of Berkshire Hathaway's 1987 annual meeting
1986 Annual Meeting (Kingswell Reconstruction)
Kingswell's reconstruction of Berkshire Hathaway's 1986 annual meeting
1985 Annual Meeting (Kingswell Reconstruction)
Reconstruction of Berkshire Hathaway's 1985 annual meeting, the earliest recorded meeting
About Berkshire Annual Meetings
Investment Wisdom
Decades of insights on value investing, intrinsic value, moats, and long-term thinking.
Business Analysis
Deep dives into Berkshire's operating businesses, insurance operations, and capital allocation.
Q&A Sessions
Shareholders ask anything — from specific stocks to life philosophy.
Munger Partnership
Charlie Munger co-hosted meetings from 1978 until his passing in 2023.