Smith Students Attend Berkshire Hathaway Annual Meeting
Several Finance Fellows students at the University of Maryland's Robert H.
Smith School of Business had the opportunity to travel to Omaha, NE, with Tyser
Teaching Fellow David Kass to attend the Berkshire Hathaway Annual Meeting on
May 5, 2012.
At the meeting, 35,000 shareholders were in attendance and Warren Buffett and
Charlie Munger answered a total of 67 questions from shareholders and analysts,
Kass wrote on
The question I submitted was selected by Andrew Ross Sorkin (He mentioned
my name and that I was from Maryland (University of Maryland)):
"One of Berkshire’s largest investments is in
Walmart. Have you changed your opinion of this company as a result of the
Mexican bribery scandal?"
Buffett and Munger responded to Kass’ question,
saying this “was a diversion of management time,” “Walmart’s earning power would
not be materially affected,” and there was “nothing fundamentally dishonest
About the Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader
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University of Maryland, College Park, the Smith School offers undergraduate,
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