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Squawk Pod

Squawk Pod Reports: Weekend with Warren Buffett Part 1 5/8/23

Squawk Pod

CNBC

News, Business News, Business, Investing

4.2543 Ratings

🗓️ 8 May 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

CNBC is at the annual Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, with Warren Buffett and Charlie Munger. It’s Woodstock for capitalists! An inside look at the lore and fandom that brings tens of thousands of shareholders together with Berkshire’s iconic brands and the Oracle of Omaha himself. Buffett and Munger answer shareholder questions about AI and the future of business, and Becky Quick sits down with Brooks Running CEO Jim Weber and longtime weekend attendee actress Glenn Close. Plus, a conversation with Melissa Shapiro, the event planner who puts it all together, on how she does it, and what it’s like working for Buffett. And, the CNBC journalist that keeps a record of it all: Alex Crippen. A rollicking, reflective, weekend celebration of ownership in one of America’s largest companies and the man who built it. Alex Crippen, @alexcrippen Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Hi, I'm C. NBC producer Katie Kramer. We are kicking off a Squawk Pod Reports special series,

0:10.3

Weekend with Warren Buffett.

0:12.0

Hi.

0:14.0

We're coming to you straight from Omaha, Nebraska

0:16.0

at the Berkshire Hathaway annual shareholders meeting.

0:19.0

The wit, wisdom, and wealth of Warren Buffett,

0:22.0

the Oracle himself.

0:24.0

What gives you opportunities is other people doing dumb things.

0:28.0

And we'll go behind the scenes, the wisdom from the event planner that makes Woodstock for capitalists the investor event of the the such a wonderful person. And the CNBC journalists who keep the Warren Buffett lore and legend alive year after year.

0:48.0

Berkshire Hathaway shareholders are really fans even more than shareholders.

0:52.8

It's a pilgrimage, it's a party.

0:55.5

Plus who's at Omaha's biggest party?

0:58.2

The 60 portfolio companies of Berkshire Hathaway

1:00.9

and of course the Buffett adoring celebrities.

1:03.8

Actress Glane Clothes, she happens to be a long-time attendee.

1:07.0

I think the first time I came was about 10 years ago.

1:09.3

I mean it's truly phenomenal what goes on here.

1:11.8

Why we all can't get enough of Warren Buffett.

1:14.4

Warren's simplicity, I think he's a simple man with a mind like a computer.

1:20.0

This is Squack Pod Reports, Weekend with Warren Buffett. They call it Woodstock for capitalists.

1:43.4

The Berkshire Hathaway annual shareholders meeting.

1:46.0

It's a rollicking, reflective weekend celebration of ownership

...

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