Advice from Berkshire’s annual meeting: ‘Stay sane, be honest’

OMAHA, Neb. (MarketWatch) — Calling the Berkshire Hathaway annual meeting Woodstock for capitalists is misleading.

More appropriately, it’s a daylong academic seminar where the young and old, the wealthy and those aspiring to be wealthy learn about investing from two grand masters, CEO Warren Buffett and Vice Chairman Charlie Munger.

Having interviewed scores of attendees over the seven years I’ve reported from Omaha, Neb., people invariably say they’re here to learn. And they did just that May 6 at CenturyLink Center.

Rhonda Jackson from Las Vegas was at her first Berkshire BRK.B, +0.13% meeting. “Mr. Buffett,” she says, “keeps you grounded.

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