Buffett invites analysts to Berkshire annual meeting
Was anyone else surprised by this article (subscription required) in The Wall Street Journal a while ago about sell-side analysts getting invited to the Berkshire annual meeting? My guess is no as there hasn't been much talk about it since it ran in the paper.
Well, it surprised me but good (as Mrs. B would say). No, not because I didn't realize there were still sell-side analysts... I guess I never really thought that some companies didn't invite analysts to their annual meetings. I've been to a lot of annual meetings over the years and I don't remember one that didn't have at least one sell-side analyst in attendance. For that matter, I can't remember planning one that was designed to exclude the sell-side community.
Is there a reason you wouldn't invite your analysts to your annual meeting? Seriously, don't the benefits that apply to investors also apply to them? Who else aren't you inviting to your annual meeting?
