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Foreign shareholders who are going to Amakh for a meeting in Berkshire

On Saturday, May 6, 2023, the participants came to the assembly hall of the Chu Center, in Berkshire Hathaue in Amakh, Nebraska, USA.

David Williams | Bloomberg | Gets the image

For decades, Berkshire HethaiThe annual meeting – “Woodstock for the capitalists” by Uran Buffett – attracted foreign investors traveling in Amakh, Nebraska, sometimes out of thousands. This year their international trip has a new wrinkle.

Xin Gin, the Chinese investor in Guangzhou, wanted to visit his second visit to Amakh in May, but international trips to the current political climate was worried. In 2012, he poured half the assets into the Berkshire rally, which became one of the most profitable names in his portfolio.

“I really want to go to Amakh this year,” said Jin. “I admire Buffet and I am very touched.”

A Chinese investor, focused on consumers in Shanghai, who did not want to be called, but who visited the annual meeting three times, also stated that a hostile political environment prevented him from traveling this year. Another Chinese shareholder noted that this time there are fewer agencies that organize trips to Amakh. One of the shareholders in Jakarta, Indonesia, which was present last year, decided to stay at home, saying that he was concerned about “unnecessary and unjustified problems with customs.”

This year’s meeting is held after the president Donald Trump launch The global trade war In the early days of their second term, political tensions between the United States and other peoples reinforce. China, in particular, issued a warning about risk to Chinese tourists traveling to the US, citing recent “deterioration of China’s economic and trade relations and US domestic security situations”

“What I have noticed over the last couple of years, shareholders’ demographics leaned down much more to the international – shareholders who were there for the first time, to a large extent international and very young,” said David Cass, a professor at Merland University, who once spent private lunches for his students and his students and his students Beaffer.

Berkshire’s annual meeting can attract up to 40,000 people to Cornuscker for a unique opportunity to hear from Buffet, his appointed successor Greg Obel and Berkshire Insurance Chief, Gayne. Session Q&A will be broadcast on CNBC and broadcast in English and tangerine.

The 94th Buffett has long recognized the growing international representation at its annual meeting. In fact, he and his late partner Charlie Mangger adhered to special techniques for those traveling from the North America’s borders. In the end, he ended the event when the number of foreign participants increased.

“Our Count rose to approximately 800 last year, and my just signing one subject per person took about 2 1-2 hours,” Buffett said in an annual letter in 2009.

– Additional report by Evelyn Chen CNBC.

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