Report: Berkshire allowing 3 analysts at meeting

AP News
Posted: Nov 20, 2011 7:56 PM
Report: Berkshire allowing 3 analysts at meeting

Insurance company Berkshire Hathaway Inc. will allow three research analysts to join in the questioning at the company's annual meeting next year, according to The Wall Street Journal.

The event would be the first time in years that Chairman and CEO Warren Buffett spoke publicly with analysts who follow his firm, the paper said. He told the Journal in an interview that "We're trying to broaden the conversation."

The shareholders meeting is set for May 5 and draws tens of thousands of people to Omaha, Neb. The daylong event includes a question-and-answer session where Buffett and his business partner, Charlie Munger, discuss a range of economic and other issues with shareholders.

The three insurance industry analysts include Jay Gelb of Barclays Capital, Cliff Gallant of Keefe, Bruyette & Woods and Gary Ransom of Dowling & Partners, according to the paper.