Daily Archives: May 3, 2013

The Berkshire Hathaway annual meeting is like Woodstock for capitalists. It draws tens of thousands of shareholders, value investors, groupies and the curious to the midwestern city Omaha, Nebraska.

They make the pilgrimage each spring to sit at the feet of Warren Buffett and Charlie Munger, the two men who have spent half a century building a sprawling $260bn conglomerate.

The FT’s Dan McCrum is there to capture the weekend festivities and the wise words from the pair of octogenarian sages. He will be blogging from the cornfields and investor meetings on Friday and Saturday, so check back frequently. All times are BST.

 

John Gapper

Walt Disney’s decision to stop making apparel in Bangladesh, as a result of recent factory disasters, is the wrong approach for western companies.

Pulling out of Bangladesh for fear of being linked with a country with poor safety standards will not help. It is harder to stay and help to tackle the country’s deep problems, but it is a better course.