Berkshire Hathaway CEO Warren Buffett displays a pair of men's underwear for sale with images of himself before the Berkshire Hathaway annual meeting in Omaha

They call it the Woodstock of Capitalism. Some 30,000 shareholders in Berkshire Hathaway descend on Omaha, Nebraska, to hear from the company’s founder, Warren Buffett, along with his sidekick and vice-chairman Charlie Munger, at a day long event that includes the mother of all question-and-answer sessions, and the opportunity to shop till you drop at a bazaar featuring many of Berkshire’s subsidiary companies. The FT’s Eric Platt was on the ground (and up in the gods, in the press box of the CenturyLink Centre) to report on the day’s events.