Post by libby on Jan 30, 2016 13:06:50 GMT -6
As Berkshire Hathaway meeting set to be streamed online, will fewer make Omaha pilgrimage?
Berkshire Hathaway’s annual meeting, which draws nearly 40,000 people to Omaha each year in a pilgrimage to see investor Warren Buffett, will be streamed over the Internet this year for the first time, the company’s chief financial officer told The World-Herald.
That could have implications for the city’s tourism industry: People from around the globe descend on Omaha each year, filling hotels and restaurants. They also shop at Berkshire-owned stores, which offer discounts to shareholders during the annual meeting weekend.
Will it keep people away from fair Omaha, which once a year is dubbed Woodstock for Capitalists?
“Maybe a few people on the margin will watch at home, but I don’t see a huge effect,” said Ted Bridges, boss man at Omaha’s Bridges Investment Management, an adviser with $1.8 billion under supervision that includes Berkshire Hathaway Class A and Class B. shares.
Read more: www.omaha.com/money/as-berkshire-hathaway-meeting-set-to-be-streamed-online-will/article_deaacc4c-c6d2-11e5-af09-73fc078b56ee.html
Berkshire Hathaway’s annual meeting, which draws nearly 40,000 people to Omaha each year in a pilgrimage to see investor Warren Buffett, will be streamed over the Internet this year for the first time, the company’s chief financial officer told The World-Herald.
That could have implications for the city’s tourism industry: People from around the globe descend on Omaha each year, filling hotels and restaurants. They also shop at Berkshire-owned stores, which offer discounts to shareholders during the annual meeting weekend.
Will it keep people away from fair Omaha, which once a year is dubbed Woodstock for Capitalists?
“Maybe a few people on the margin will watch at home, but I don’t see a huge effect,” said Ted Bridges, boss man at Omaha’s Bridges Investment Management, an adviser with $1.8 billion under supervision that includes Berkshire Hathaway Class A and Class B. shares.
Read more: www.omaha.com/money/as-berkshire-hathaway-meeting-set-to-be-streamed-online-will/article_deaacc4c-c6d2-11e5-af09-73fc078b56ee.html