Shareholders flock to Sage of Omaha

View an online version of this email here.  All times are London time: Saturday May 02 2009 Breaking news Shareholders flock to Sage of Omaha Warren Buffett revealed preliminary first-quarter earnings for Berkshire Hathaway on Saturday, with operating profits of $1.7bn, down from $1.9bn last year, and book value dropping by 6 per cent a share. He said the company has just under $20bn in cash on hand. More than 35,000 shareholders gathered to see the "Sage of Omaha" at the annual shareholder meeting on Saturday as he imparted folksy nuggets of wisdom at the annual shareholder meeting billed as the "Woodstock of Capitalism." Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.