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Buffett devotees say farewell at poignant Omaha ‘pilgrimage’

Berkshire shareholders witnessed the end of an era at the legendary investor’s annual meeting

Matt McAllister knows the drill.

He has travelled from his home in Fairhope, Alabama to attend Berkshire Hathaway’s annual shareholder meetings in Omaha, Nebraska since the financial crisis. He queues with friends outside the colossal convention centre at around 2am to snag a prime spot to hear Warren Buffett’s guidance up close.

But this year McAllister arrived in the dark to find a handful of fellow shareholders had already set up camp with sleeping bags — the earliest he had ever seen.

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