Warren Buffett One-on-One: Why Warren Has a Lot of Fun All Weekend
Warren Buffett sat down for a one-on-one exclusive interview with CNBC's Becky Quick ahead of this year Berkshire Hathaway Annual Shareholders meeting.
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.
It's a fun, and busy weekend for Buffett, as he told Becky:
Buffett: It's interesting, there are a lot of events. And, after the meeting which, well, I get to, I get there about six in the morning and then I walk around for a while and then we conduct six hours or so of questions. But then we have the international group for a few hours and then we have parties afterwards and all kinds of things... I don't get tired at all. And the interesting thing is Charlie doesn't get tired. And Charlie is 84. And he loves it. I mean when, when we're up there with the international group and they're coming through he is, you know, if, if they're from, if they're from France he tells 'em about 28 things about France that they didn't know. And, (laughs), he's, he's enjoying it too.
Becky: You know it, it's something a lot of, CEOs I would guess probably don't have quite as much of a grasp for the planning for their annual meeting as you might. You're paying pretty close attention to how many people are coming, the responses you're getting back, aren't you?
Buffett: Yeah, no, it's fun. Yeah, no I, oh, I can tell you every day. And I, I can tell you where they're from. And I compare it to the previous year. No, this, this is, this is a big event for us.
Becky: When do things really get busy for you? What time of year do you start picking up for this?
Buffett: They don't get busy for me. Kelly, just does a fantastic job. I, I don't even think about it. And my daughter does a great job, for example, on the movie. And we, we've got, the people in this office, they take care of everything. So I, it doesn't really require time. I'm, I'm very interested in it but, but, I don't have much to do.
Becky: Okay, now you said the people in this office take care of it and people may think you have hundreds of people who are working behind the scenes, but this is a very small, tight group.
Buffett: It's, it's 19 people. And they all have jobs and everything. But every one of those 19 will be participating in the meeting in some way.
Becky: I am amazed at the number of events. I mean you could start Thursday night and there are going to be events from Thursday through Monday that other people are holding. How many of those can you actually make it to?
Buffett: Well, I make it to as many as I can... I drop in on a lot of things. I am on the go, every evening. You know, Friday evening, well, Thursday and Friday evening, Saturday evening and Sunday evening. And I'm enjoying myself.
Becky: Do you like knowing that all these people are having the dinners and the gatherings and things, even the stuff you can't get to?
Buffett: Oh, yeah. Well, I'm Papa Bear, you know, I have a lot of fun with it. (Laughs)
Squawk Box will be showing more of Becky's interview with Buffett throughout the program this morning (Friday), and we'll be posting them here on the blog.
Then, 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 10:30a ET Saturday.
Monday night at 9p 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.
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See Warren Buffett Watch on CNBC's The Call, most weekday mornings at 11:50a ET
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