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Autographed Warren Buffett books fetch as much as $100,000 at Berkshire meeting auction
Autographed Warren Buffett books fetch as much as $100,000 at Berkshire meeting auction

CNBC

time08-05-2025

  • Business
  • CNBC

Autographed Warren Buffett books fetch as much as $100,000 at Berkshire meeting auction

OMAHA, Neb. — Transpacific wire transfers. Checks arriving unexpectedly in the mail. People standing at the ready, poised to shell out tens of thousands of dollars. Such was the scene in the months leading up to and during Berkshire Hathaway's annual meeting last weekend. The chance to obtain memorabilia signed by legendary CEO Warren Buffett sent shareholders on a mad dash to participate in a silent auction during what turned out to be a monumental gathering. In true Buffett fashion, it was all for a local charity serving his native Omaha. Attendees of the annual meeting could buy an exclusive anniversary book titled "60 Years of Berkshire Hathaway" on site. However, 18 copies signed by Buffett and author Carrie Sova, were only available via an auction to benefit Stephen Center, a shelter serving the Nebraska city where Berkshire is headquartered. Buffett pledged to match every dollar raised for the organization, which offers housing and addiction recovery programs. With the 94-year-old's contribution, the event raised more than $1.3 million, according to Chris Knauf, CEO of the Stephen Center. "There are truly no words that can adequately express mine and our gratitude for this incredible generosity," Knauf told CNBC in an interview. "It's just phenomenal." In the first phase, eight books were auctioned online ahead of the meeting, with the highest bid $100,000. Then, on Friday and Saturday, 10 books were auctioned during the "Berkshire Bazaar of Bargains" event. More than 50 bids came in, with some as high as $60,000. The book took on an unexpected significance after Buffett shocked the investing world during the event with a surprise announcement that he planned to step down from the CEO role at year-end. Knauf said two additional signed books were set aside for donors who were friends with the late Charlie Munger. Buffett's longtime business partner was featured prominently in the publication. That brought the total number of signed copies supporting the Stephen Center to 20. One of the winning bidders was Matthew Rodriguez, a 43-year-old real estate professional. Rodriguez said he monitored the online auction's leaderboard, then pulled the trigger with a $50,000 bid about 15 minutes before it closed. "It's going to be a pretty priceless artifact in my library," Rodriguez said. As a self-proclaimed "fan boy" of Buffett, Rodriguez said he was excited to support an organization with the billionaire investor's stamp of approval and liked that every dollar he could contribute would be matched. Because Rodriguez lives in Omaha, he was also familiar with the Stephen Center's local impact. Rodriguez was one of several donors to quickly reached out to the center after Buffett first announced the initiative in the company's annual shareholder letter released in February. The "Oracle of Omaha" shared details about the book and the plan to fundraise for the local group in the letter, but did not explicitly lay out the steps for obtaining a signed edition. Before shareholders realized there was an auction, some sent checks directly to the charity in case it ended up being first-come, first-serve, Knauf said. When Stephen Center representatives called to let them know the process, some who weren't planning on coming to the meeting told them to keep the money as donations, citing their affection for Buffett, he said. "What Mr. Buffett has done for me, what Mr. Buffett has done for my family, is immeasurable," Knauf recalled hearing in these conversations with shareholders. "If the least we can do is write a check for this charity, then we want to do it." The Stephen Center ended up collecting more than $45,000 from donors tied to Buffett and the annual meeting outside of the auction. Beyond monetary support, Knauf said he expects Buffett's selection of the center to help spread awareness of the role of shelters play in local communities. "We are a homeless shelter and addiction recovery campus in Omaha, Nebraska," Knauf said. "Did I ever think that we would be doing wire transfers from Singapore? I did not." A portion of the funds will help support a renovation of the space housing an addiction recovery program, Knauf said. Other donations will go toward construction of a women and children's center, he said. These plans come as the organization tries to aid the growing community of unhoused people in Omaha, Knauf said. He pointed to data from an annual count showing the homeless population has grown nearly 10% from last year, with what he called a particularly substantial spike in families, children and senior citizens. For shareholder Jay Ji, this mission hit close to home after his family experienced economic troubles as a child. The investment manager placed a winning bid of around $20,150 and toured the Stephen Center to see first-hand where the money would go. "I want to just do my part," the 43-year-old said. "I'm more determined to try to find ways to to make sure that ... fewer families will experience those kind of hardships, and whenever possible, to deploy some resources to help." In addition to the signed books, Buffett said during his famous annual question-and-answer session that Berkshire sold around 8,000 copies of the anniversary book at the meeting. Also new to this year's gathering was a gigantic claw crane, which shareholders could pay $10 for a chance to win prizes tied to Berkshire's holding companies. Proceeds from the crane benefit Hope Center for Kids, an Omaha-based organization providing after-school and summer care for children. Both efforts underscore Buffett's decades-long emphasis on charitable giving. For more than two decades, Buffett had auctioned off a private lunch to benefit San Francisco-based nonprofit Glide. The final winner of this event in 2022 shelled out more than $19 million. Taken together, the Berkshire CEO's 21 lunches collectively raised more than $53 million. Buffett has long pledged to give 99% of his personal fortune to charity. He argued against creating family wealth dynasties by leaving colossal inheritances in a letter last year. "I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote in the letter. "I know the three well and trust them completely. Future generations are another matter. Who can foresee the priorities, intelligence and fidelity of successive generations to deal with the distribution of extraordinary wealth amid what may be a far different philanthropic landscape?"

Berkshire meeting 'bazaar' features Buffett Squishmallows, 60th anniversary book and giant claw machine
Berkshire meeting 'bazaar' features Buffett Squishmallows, 60th anniversary book and giant claw machine

Business Mayor

time03-05-2025

  • Business
  • Business Mayor

Berkshire meeting 'bazaar' features Buffett Squishmallows, 60th anniversary book and giant claw machine

The welcome sign at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC OMAHA, Nebraska — Berkshire Hathaway shareholders are getting more bang for their buck at this year's meeting with the annual shopping event more interactive than ever. The conglomerate's yearly convention kicked off Friday with a shareholder-only shopping event, called the 'Berkshire Bazaar of Bargains.' With over 20,000 square feet of showroom space at the CHI Health Center in downtown Omaha, the exhibit hall is offering goods from a myriad of the conglomerate's holdings, including Warren Buffett-themed apparel from Brooks Sports and Berkshire chocolate coins from See's Candies. Buffett will take the stage 9am ET Saturday to address the most pressing issues investors face, including tariffs, the market volatility as well as the state of the economy. The 94-year-old investment legend will answer shareholder questions along with his designated successor, Greg Abel, and Berkshire's insurance chief, Ajit Jain. The Q&A session will be broadcast exclusively on CNBC. Plush Warren, Charlie and Omaha Squishmallows in the images of Warren Buffett, Charlie Munger and Omaha at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Alex Harring | CNBC The Squishmallow shopping display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Yun Li | CNBC The Squishmallow shopping display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Yun Li | CNBC Plush toy phenomenon Squishmallows once again stole the show. The ones modeled after the 'Oracle of Omaha' and the late Charlie Munger became the biggest hits at the shopping event, as shareholders snapped up over 1,000 snuggly dolls per hour. This year, Squishmallows also introduced a new limited-edition dog character called 'Omaha.' The Squishmallow shopping display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Yun Li | CNBC Berkshire inherited Squishmallows parent Jazwares through its acquisition of Alleghany in the fourth quarter of 2022. These squishy toys became an instant sensation during the pandemic partly thanks to celebrity endorsements. In 2022 alone, the firm sold a whopping 100 million Squishmallow units — with prices ranging from $5 to $30. At the shopping event, the company put on display its newest product — pillows for both kids and adults —slated to launch this summer. Berkshire shareholders get to buy special edition pillow cases featuring Buffett and Munger's cartoon figures. One very special book The Berkshire Hathaway 60th Anniversary book seen at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Yun Li | CNBC The Berkshire Hathaway 60th Anniversary book seen at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Alex Harring | CNBC Only one book is for sale at Berkshire's book store Bookworm this year, 60 Years of Berkshire Hathaway, to commemorate the decades since Buffett took over what was then a failing Massachusetts textile company Berkshire is selling 5,000 volumes of the limited edition book. Proceeds from an auction of copies signed by Buffett and author Carrie Sova will benefit the Stephen Center, a charity for homeless youth and adults in South Omaha. Satisfying the sweet tooth See's Candies display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC See's Candies, one of Berkshire's most-iconic brands, had shelves of themed chocolate concoctions available for purchase. Tied to the camping theme for this year's meeting, See's sold a box of toasted marshmallow-flavored chocolates. The box was adorned with an illustration of Buffett next to a campfire. Other items for sale included chocolate coins with wrappers embossed with Buffett's face, as well as the company's famous peanut brittle. Room for dessert? The Dairy Queen display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC Dairy Queen, which Berkshire Hathaway acquired in 1998, provided a sweet treat for attendees while they racked up steps at the bazaar. The ice cream chain's Dilly Bars were sold for $1, while the Buster Bar went for $2. Running shoes The Brooks Running display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC Brooks Running shoes on display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Alex Harring | CNBC Brooks Running hats on display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Alex Harring | CNBC Long lines formed at Brooks Running as shareholders gravitated towards the 2025 special edition of its running shoes with special 'Berkshire Hathaway' branding on the side and the insoles. Many shareholders are also set to participate in the Brooks 'Invest in Yourself' 5K fun run and walk on Sunday, the morning following the annual meeting. Live from Omaha Signage at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Alex Harring | CNBC Attendees waited in line to take photos in front of CNBC's stage, where reporters like Mike Santoli and Becky Quick have been reporting. CNBC is the exclusive broadcaster for the meeting and has a livestream available online in English and Mandarin. Claw Crane Feeling lucky? New to the bonanza floor this year was a gigantic claw machine. For $10, attendees could try their luck at scooping up prizes tied to several of Berkshire's holding companies. Proceeds go to the Hope Center for Kids, an Omaha-based organization providing after-school and summer care for children. Living the lavish life The NetJets display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. David A. Grogen | CNBC NetJets, which Berkshire bought in 1998, took shareholders inside a private plane. The private jet operator also sold company-branded gear. Getting it all home Crowds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Alex Harring | CNBC Not enough space for plush toys, jewelry, running shoes and books in your carryon? AIT Worldwide Logistics has you covered. The shipper offered shoppers the service of having their purchases packed and sent home. It should be a popular service, with attendees seen lugging around Squishmallow bags that were equivalent in size to a child. Bling-bling A jewelry display from Borsheims is seen at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Yun Li | CNBC A jewelry display from Borsheims is seen at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 2, 2025. Yun Li | CNBC About 14 miles away from the main convention center, there's a separate shareholder-only shopping event at jewelry story Borsheims. Berkshire shareholders browsed through one-of-a-kind jewelry, engagement rings and watches available for purchase at a discount. This 24-carat black diamond necklace from Ruchi New York is selling for about $25,000.

Berkshire meeting 'bazaar' features Buffett Squishmallows, 60th anniversary book and giant claw machine
Berkshire meeting 'bazaar' features Buffett Squishmallows, 60th anniversary book and giant claw machine

CNBC

time02-05-2025

  • Business
  • CNBC

Berkshire meeting 'bazaar' features Buffett Squishmallows, 60th anniversary book and giant claw machine

OMAHA, Nebraska — Berkshire Hathaway shareholders are getting more bang for their buck at this year's meeting with the annual shopping event more interactive than ever. The conglomerate's yearly convention kicked off Friday with a shareholder-only shopping event, called the "Berkshire Bazaar of Bargains." With over 20,000 square feet of showroom space at the CHI Health Center in downtown Omaha, the exhibit hall is offering goods from a myriad of the conglomerate's holdings, including Warren Buffett-themed apparel from Brooks Sports and Berkshire chocolate coins from See's Candies. Buffett will take the stage 9am ET Saturday to address the most pressing issues investors face, including tariffs, the market volatility as well as the state of the economy. The 94-year-old investment legend will answer shareholder questions along with his designated successor, Greg Abel, and Berkshire's insurance chief, Ajit Jain. The Q&A session will be broadcast exclusively on CNBC. Plush toy phenomenon Squishmallows once again stole the show. The ones modeled after the "Oracle of Omaha" and the late Charlie Munger became the biggest hits at the shopping event, as shareholders snapped up over 1,000 snuggly dolls per hour. This year, Squishmallows also introduced a new limited-edition dog character called "Omaha." Berkshire inherited Squishmallows parent Jazwares through its acquisition of Alleghany in the fourth quarter of 2022. These squishy toys became an instant sensation during the pandemic partly thanks to celebrity endorsements. In 2022 alone, the firm sold a whopping 100 million Squishmallow units — with prices ranging from $5 to $30. At the shopping event, the company put on display its newest product — pillows for both kids and adults —slated to launch this summer. Berkshire shareholders get to buy special edition pillow cases featuring Buffett and Munger's cartoon figures. Only one book is for sale at Berkshire's book store Bookworm this year, 60 Years of Berkshire Hathaway, to commemorate the decades since Buffett took over what was then a failing Massachusetts textile company Berkshire is selling 5,000 volumes of the limited edition book. Proceeds from an auction of copies signed by Buffett and author Carrie Sova will benefit the Stephen Center, a charity for homeless youth and adults in South Omaha. See's Candies, one of Berkshire's most-iconic brands, had shelves of themed chocolate concoctions available for purchase. Tied to the camping theme for this year's meeting, See's sold a box of toasted marshmallow-flavored chocolates. The box was adorned with an illustration of Buffett next to a campfire. Other items for sale included chocolate coins with wrappers embossed with Buffett's face, as well as the company's famous peanut brittle. Dairy Queen, which Berkshire Hathaway acquired in 1998, provided a sweet treat for attendees while they racked up steps at the bazaar. The ice cream chain's Dilly Bars were sold for $1, while the Buster Bar went for $2. Long lines formed at Brooks Running as shareholders gravitated towards the 2025 special edition of its running shoes with special "Berkshire Hathaway" branding on the side and the insoles. Many shareholders are also set to participate in the Brooks "Invest in Yourself" 5K fun run and walk on Sunday, the morning following the annual meeting. Attendees waited in line to take photos in front of CNBC's stage, where reporters like Mike Santoli and Becky Quick have been reporting. CNBC is the exclusive broadcaster for the meeting and has a livestream available online in English and Mandarin. Feeling lucky? New to the bonanza floor this year was a gigantic claw machine. For $10, attendees could try their luck at scooping up prizes tied to several of Berkshire's holding companies. Proceeds go to the Hope Center for Kids, an Omaha-based organization providing after-school and summer care for children. NetJets, which Berkshire bought in 1998, took shareholders inside a private plane. The private jet operator also sold company-branded gear. Not enough space for plush toys, jewelry, running shoes and books in your carryon? AIT Worldwide Logistics has you covered. The shipper offered shoppers the service of having their purchases packed and sent home. It should be a popular service, with attendees seen lugging around Squishmallow bags that were equivalent in size to a child. About 14 miles away from the main convention center, there's a separate shareholder-only shopping event at jewelry story Borsheims. Berkshire shareholders browsed through one-of-a-kind jewelry, engagement rings and watches available for purchase at a discount. This 24-carat black diamond necklace from Ruchi New York is selling for about $25,000.

60 years at Berkshire: See Warren Buffett's 'Woodstock for Capitalists' over the decades
60 years at Berkshire: See Warren Buffett's 'Woodstock for Capitalists' over the decades

Business Mayor

time02-05-2025

  • Business
  • Business Mayor

60 years at Berkshire: See Warren Buffett's 'Woodstock for Capitalists' over the decades

In this seven image composite, shareholders gather prior to the start of the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., on Saturday, May 1, 2010. Daniel Acker | Bloomberg | Getty Images Berkshire Hathaway 's annual meeting is far different — and larger — than it was six decades ago, when Warren Buffett took over what was then a failing Massachusetts textile company. Today's 'Woodstock for Capitalists' began with just a dozen attendees in 1965. Sixty years later, the Omaha, Nebraska gathering attracts as many as 40,000 people from around the world. Nowadays, attendees begin lining up outside the CHI Health Center in the early morning hours on Saturday to hear from Warren Buffett, the 94-year-old chief executive officer. Known as the Oracle of Omaha for dispensing investment wisdom, Buffett is also famous for sharing insights into business and strategy, not to mention advice on softer topics such as friendship and life, to a rapt audience. This year's shareholder meeting is Buffett's second without Charlie Munger, his close friend and business partner who died in 2023. Greg Abel, Berkshire Hathaway Energy chairman and Buffett's successor, will join him for questions on stage. Insurance Chief Ajit Jain will also join the pair for part of Saturday's question-and-answer event. The event has ballooned into a weekend-long array of activities, including a shopping event known as the 'Berkshire Bazaar of Bargains,' featuring products made by the conglomerate's subsidiaries. A 5-kilometer run and value investing conferences have become hallmarks of attendees' weekend itineraries. 'You've just got event after event after event,' said Christopher Bloomstran, president of Semper Augustus Investments Group. Bloomstran, who's attended the annual meeting for more than two decades, called it a 'rite of passage' for new investors. This year, the company is selling 5,000 volumes of a limited edition book, '60 Years of Berkshire Hathaway,' marking Buffett's tenure as CEO. Proceeds from an auction of copies signed by Buffett and author Carrie Sova will benefit the Stephen Center, a charity for homeless youth and adults in South Omaha. The meeting itself will look different than what many attendees remember from years past, according to the 2024 shareholder letter. Buffett will make opening remarks at 8 a.m. local time Saturday, but there will be no movie introduction, a popular feature in prior years. The question-and-answer period will only have a half-hour break and end at 1p.m., though the shopping area will remain open until 4 p.m. News outlets have covered the event for decades. The event will be broadcast exclusively by CNBC this year and webcast in English and Mandarin. Regular attendees often say there's a magic and camaraderie to the in-person experience that keeps them coming back to Omaha, where Berkshire is headquartered, despite being able to livestream the event at home. 'It really is special,' said Adam Mead, CEO of Mead Capital Management and author of 'The Complete Financial History of Berkshire Hathaway.' ''I'm not a religious person, but it has that feel of going to church.' The following are a collection of moments from meetings throughout the years compiled by CNBC in honor of Warren Buffett's 60 years leading Berkshire Hathaway. Berkshire Hathaway's CEO Warren Buffett (L) and his business partner Vice Chairman Charles Munger answer questions at a news conference May 4, 2003 in Omaha, Nebraska. Eric Francis | Getty Images Warren Buffett, chairman of Berkshire Hathaway, plays the ukulele for a crowd of shareholders at the Fruit of the Loom booth during the Berkshire Hathaway annual meeting in Omaha, Nebraska, Saturday, April 30, 2005. Eric Francis | Bloomberg | Getty Images In this seven image composite, shareholders gather prior to the start of the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., on Saturday, May 1, 2010. Daniel Acker | Bloomberg | Getty Images Warren Buffett, chairman of Berkshire Hathaway Inc., sings a song with University of Nebraska cheerleaders during an event at the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, U.S., on Saturday, May 5, 2012. Daniel Acker | Bloomberg | Getty Images Warren Buffett, chairman of Berkshire Hathaway Inc., holds a large ping pong paddle as he plays table tennis with Ariel Hsing, a member of the 2012 U.S. Olympic team, during an event at the annual shareholders meeting in Omaha, Nebraska, U.S., on Sunday, May 6, 2012. Daniel Acker | Bloomberg | Getty Images Warren Buffett, Berkshire Hathaway Inc. chairman and chief executive officer, right, talks with Bill Gates, billionaire and co-chair of the Bill and Melinda Gates Foundation, as they tour the exhibition floor during the Berkshire Hathaway Inc. annual shareholders meeting in Omaha, Nebraska. Daniel Acker | Bloomberg | Getty Images Caricatures of Warren Buffett, Berkshire Hathaway Inc. chairman and chief executive officer, and Charles Munger, vice chairman of Berkshire Hathaway Inc., appear on a special edition package of Heinz ketchup and mustard during the Berkshire Hathaway Inc. annual shareholders meeting in Omaha, Nebraska, U.S., on Saturday, May 2, 2015. Daniel Acker | Bloomberg | Getty Images The Brooks Invest in Yourself 5K Run at the 2018 Berkshire Hathaway Annual Shareholder's Meeting in Omaha, NE. David A. Grogan | CNBC Warren Buffett speaks with the media during the 2019 BHASM in Omaha, NE on May 4th, 2019. Gerard Miller | CNBC A salesperson wears pins of Warren Buffett, CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger during the annual Berkshire shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Display for Brooks showing Warren Buffett at the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska. Yun Li | CNBC Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC

60 years at Berkshire: See Warren Buffett's 'Woodstock for Capitalists' over the decades
60 years at Berkshire: See Warren Buffett's 'Woodstock for Capitalists' over the decades

CNBC

time02-05-2025

  • Business
  • CNBC

60 years at Berkshire: See Warren Buffett's 'Woodstock for Capitalists' over the decades

Berkshire Hathaway's annual meeting is far different — and larger — than it was six decades ago, when Warren Buffett took over what was then a failing Massachusetts textile company. Today's "Woodstock for Capitalists" began with just a dozen attendees in 1965. Sixty years later, the Omaha, Nebraska gathering attracts as many as 40,000 people from around the world. Nowadays, attendees begin lining up outside the CHI Health Center in the early morning hours on Saturday to hear from Warren Buffett, the 94-year-old chief executive officer. Known as the Oracle of Omaha for dispensing investment wisdom, Buffett is also famous for sharing insights into business and strategy, not to mention advice on softer topics such as friendship and life, to a rapt audience. This year's shareholder meeting is Buffett's second without Charlie Munger, his close friend and business partner who died in 2023. Greg Abel, Berkshire Hathaway Energy chairman and Buffett's successor, will join him for questions on stage. Insurance Chief Ajit Jain will also join the pair for part of Saturday's question-and-answer event. The event has ballooned into a weekend-long array of activities, including a shopping event known as the "Berkshire Bazaar of Bargains," featuring products made by the conglomerate's subsidiaries. A 5-kilometer run and value investing conferences have become hallmarks of attendees' weekend itineraries. "You've just got event after event after event," said Christopher Bloomstran, president of Semper Augustus Investments Group. Bloomstran, who's attended the annual meeting for more than two decades, called it a "rite of passage" for new investors. This year, the company is selling 5,000 volumes of a limited edition book, "60 Years of Berkshire Hathaway," marking Buffett's tenure as CEO. Proceeds from an auction of copies signed by Buffett and author Carrie Sova will benefit the Stephen Center, a charity for homeless youth and adults in South Omaha. The meeting itself will look different than what many attendees remember from years past, according to the 2024 shareholder letter. Buffett will make opening remarks at 8 a.m. local time Saturday, but there will be no movie introduction, a popular feature in prior years. The question-and-answer period will only have a half-hour break and end at 1p.m., though the shopping area will remain open until 4 p.m. News outlets have covered the event for decades. The event will be broadcast exclusively by CNBC this year and webcast in English and Mandarin. Regular attendees often say there's a magic and camaraderie to the in-person experience that keeps them coming back to Omaha, where Berkshire is headquartered, despite being able to livestream the event at home. "It really is special," said Adam Mead, CEO of Mead Capital Management and author of "The Complete Financial History of Berkshire Hathaway." "'I'm not a religious person, but it has that feel of going to church." The following are a collection of moments from meetings throughout the years compiled by CNBC in honor of Warren Buffett's 60 years leading Berkshire Hathaway.

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