Berkshire Hathaway investors mob Buffett at annual meeting
OMAHA, Neb. (AP) — Adoring investors have mobbed billionaire Warren Buffett as he toured the displays at Berkshire Hathaway's annual meeting.
Buffett was surrounded by dozens of investors hoping to get a glimpse of Berkshire's top executive as he toured the exhibit hall Saturday morning before the meeting.
Between chanting with University of Nebraska cheerleaders and competing against Bill Gates, Kathy Ireland and shareholders in a newspaper tossing competition Buffett got sales updates from the heads of Justin Brands, Dairy Queen and Heinz.
Heinz expects to sell out of the 12,000 sets of ketchup and mustard they brought because they sold 8,000 of them Friday.
Buffett predicted that Berkshire will do more deals with the 3G Capital investment firm that he teamed up with to buy Heinz and now Kraft Foods.