- Timeless and Time-Tested Warren Buffett Watch Predictions
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Warren Buffett to CNBC: Curbing Fed's Independence Could Lead to 'Mischief'
- Warren Buffett to Co-Chair Goldman Sachs Program to Help Small Businesses
- Warren Buffett: 'Reasonable Return is Good Enough' for Long-Haul Railroad Ride
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Warren Buffett's Berkshire Portfolio Snapshot Coming Later Today
RSS FEED
MOST SHARED
- Good Sign for the Economy: 'Greed' Makes a Comeback
- Commercial Property Fears Are Overblown: Zell, LeFrak
- Dubai Stocks Could Fall a Further 30%: Charts
- Bank of Japan Offers More Liquidity at Emergency Meeting
- Manufacturing in Focus as Bulls Call for Turn in Dollar
- Dubai Markets Close Sharply Lower for Second Day
- Treasury Threatens Banks, Not Borrowers
- AIG Cuts Debt to Government by $25 Billion; Shares Up
- More Late on Auto Loan Payments in Third Quarter
- Timeless and Time-Tested Warren Buffett Watch Predictions
- Farrell: Forget About Dubai—Worry About This
- How Long Will This Health Care Firm's Rally Last?
- Dubai a 'Wake Up Call'—Expect Volatility Now: Market Pro
- Treasury Threatens Banks, Not Borrowers
- We're Approaching a Market Bubble: Portfolio Manager
- Hershey Shares: What Options Are Saying
- Nov. 30: Unusual Volume Leaders
- Why Careful Shoppers Are Great for the Box Office
- Blue Nile CEO: 'We're Having the Best Cyber Monday Ever'
- Trump: Time to Force Banks to Start Lending
- Accused Fraudster Rothstein Arrested
- More Late on Auto Loan Payments in Third Quarter
- Treasury to Sell 12.7 Million Capital One Warrants
- Contagion Fears Calmed by Dubai World Plan
- AIG Cuts Debt to Government by $25 Billion; Shares Up
- GM Sees China Sales Soar 110% in November
- Good Sign for the Economy: 'Greed' Makes a Comeback
- Somali Sea Gangs Create Pirate Stock Exchange
Warren Buffett Watch
Text Size 
 |
The event we're calling Buffettstock '08 here at Warren Buffett Watch begins today in Omaha. More than 30,000 are expected to attend, the largest crowd ever, as it is pretty much every year.
He talked with Becky about the different types of people who come for the weekend.
Becky: How many people are you potentially expecting this year?
Buffett: I think we'll have about 30,000 based on the number of tickets we sent out.
Becky: Which is phenomenal?
-------------------------------------------------------------------
Click HERE for the full transcript of Warren Buffett's CNBC interview
-------------------------------------------------------------------
Buffett: Well, it's,they're real owners. I mean they, they come to this. They wanna learn more about the company. There's two different types. We got the very sophisticated type and they wanna ask kind of sophisticated questions. And then, then they have, we have the type that they put their, a good bit of their life savings in it and they plan to own it until they die. Just like they'd buy a farm or an apartment house. And, and they may not understand all the jargon that gets talked about by some of the shareholders but they, they still get a feel for the business. They, they, we got 200,000 square feet of our products on display. And they, they feel they own part of a company, which is exactly how we want 'em to feel. It's not some little ticker symbol that moves around or something on a chart or something that gets recommended by some analyst or something. It's a real, honest-to-God business that they've bought into and that they're going to be part of the rest of their lives.
Becky: What's it mean for you to have, to have these people who have been showing up for years and years and who come back every year and who are so excited to be here. This is not just another weekend for you.
Buffett: Oh, it's, it's fun. It's a weekend I look forward to, actually. I'm not sure how many CEOs look forward (laughs) to their annual meeting. But some of these people came from a partnership that I first started in 1956. In fact, up until about 10 years ago I could recognize some member of the family of 90 percent of the shares of Berkshire.
Watch for extensive coverage on both CNBC and CNBC.com of Buffettstock '08, including a live blog here on WBW as Buffett and his partner Charlie Munger answer shareholder questions for several hours, starting around 10:30 a ET Saturday.
Monday night at 9 p ET on CNBC, watch for Becky's one-hour special, The Billionaire Next Door: All Access with an exclusive behind-the-scenes look at what goes into making the big weekend in Omaha.
Current Berkshire price: [US;BRK.A
Loading...
()
]
See Warren Buffett Watch on CNBC's The Call, most weekday mornings at 11:50 a ET
Questions? Comments? Email me at
Data is a real-time snapshot *Data is delayed at least 15 minutes