Who gets Buffett first? Or the most?
The AP is reporting that Warren Buffett will be speaking at the Berkshire Hathaway shareholders’ meeting next Saturday. It’s a Saturday so I wouldn’t expect any immediate coverage of the event from either CNBC US or FBN even though both fall over themselves trying to out worship each other at the altar of Buffett (though maybe one or both will throw a curve ball and do some live coverage Saturday). But barring a surprise Saturday special, which network will be milking this event the most, both in the run up to Saturday and then following up on Monday?
The wisdom of billionaires Warren Buffett and Charlie Munger will be on display again next weekend when the two men field questions from a throng of Berkshire Hathaway Inc. shareholders.
About 30,000 people are expected to fill the Qwest Center Omaha arena Saturday for the Omaha-based holding company’s annual meeting. The question-and-answer period, when Berkshire’s chairman and vice chairman spend more than five hours responding to nearly anything, is usually the highlight of the meeting.
Buffett and Munger will likely face questions about the credit crunch that has created turmoil in this economy, the new bond insurance business Berkshire launched, and who will run Berkshire after the 77-year-old Buffett is gone.
Update: 1440 Wall Street notes what I wrote yesterday and adds…
Becky Quick and Liz Claman might want to diversify their coverage of Billionaires given Buffett’s age; the Mittal’s hold Indian passports but are considered the wealthiest family in the U.K, and got there in the same manner as Buffett, snatching up out of favor assets while seeing things that others investors failed to. And young Aditya is garnering praise from the likes of Wilbur Ross and others:
April 28, 2008 at 5:37 am
I think Liz was out Friday and David Asman said she was on assignment. Maybe she got an early headstart on Becky? lol
April 28, 2008 at 4:10 pm
[...] Gets Buffet First? Or The Most?: Update… Following up on yesterday’s brilliantly clairavoiant prognostications by yours truly, TVNewser reports FBN will be live Saturday night to report on Buffett. CNBC will [...]