In Omaha: Berkshire Hathaway’s 2025 Meeting with Brooks & See’s 5/2/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 2 May 2025

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We bring you to Omaha, Nebraska, ahead of the tens of thousands of Berkshire shareholders that make the pilgrimage to Warren Buffett every spring. At this “Woodstock for Capitalists,” Berkshire’s 60+ portfolio companies sell limited edition and specialty wares to Buffett acolytes. See’s Candy CEO Pat Egan is ready to satisfy sweet-loving shareholders with 24,603 pounds and 41,156 units of product, and Brooks Running CEO Dan Sheridan has special, limited edition sneakers, just for this year’s meeting. Sheridan discusses the impact tariffs have had on his production, and both Berkshire portfolio company CEOs share their excitement for another festival of business. Tune into CNBC’s TV and digital channels this weekend to catch every minute of the 2025 Berkshire Hathaway Annual Meeting coverage. Dan Sheridan - 11:57 Pat Egan - 19:00 In this episode: Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Hi, I'm CNBC producer Katie Kramer.
0:06.6	We are kicking off a Squawk Pod report special series,
0:09.9	our weekend with Warren Buffett.
0:11.9	This is the 52nd annual shareholders meeting.
0:15.5	We're coming to you straight from Omaha, Nebraska,
0:18.1	at the Berkshire Hathaway annual shareholder meeting.
0:20.6	They had requests for 138,000 tickets by mail.
0:24.6	That's the most they've ever received.
0:26.6	On this episode, interviews with two of everyone's favorite and sweetest Berkshire Hathaway portfolio companies
0:32.6	just before the meeting officially begins.
0:35.6	This is the calm before the storm.
0:37.7	Brooks running CEO Dan Sheridan.
0:39.5	You know, on mile 22 of the marathon, it really matters if your shoes going to hold
0:43.5	up.
0:44.5	And so what's happened over the last 50 years in Southeast Asia is they've become craftsmen.
0:49.9	And CEO of Seas Candies, Pat Egan.
0:52.6	We're seeing a lot of folks that want to come in and they want joy.
0:55.3	They want that pleasure and they want that Seas experience.
0:58.1	This special Squawk Pod reports kicking off the Berkshire Hathaway 2025 annual shareholder meeting starts right after this.
1:05.4	The Good Good. They call it Woodstock for capitalists, the Berkshire Hathaway annual shareholder meeting.
1:21.5	CNBC's Becky Quick is in Omaha early, setting the scene for her Squawkbox co-anchors Joe Kernan and Andrew Ross Sorkin at the
1:28.9	NASDAQ Market site in Times Square.
	...

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