What is the annual shareholder meeting of Berkshire Hathaway often called?

The annual shareholder meeting of Berkshire Hathaway is often called “Woodstock for Capitalists.”

The nickname reflects the meeting’s unusual scale and atmosphere. Rather than a brief corporate formality, Berkshire’s gathering in Omaha, Nebraska, draws tens of thousands of shareholders for a full day of questions, commentary, entertainment, shopping and investment discussion. Warren Buffett and Charlie Munger helped make the event a distinctive annual pilgrimage for Berkshire owners.

The comparison to Woodstock evokes a large, enthusiastic festival, while “for Capitalists” points to the audience of business owners and investors. The meeting typically includes a shareholder question-and-answer session lasting several hours, along with presentations and films connected with Berkshire’s companies.

A common mix-up is reversing the phrase as “Capitalist Woodstock.” That wording is understandable, but “Woodstock for Capitalists” is the established nickname used in coverage of Berkshire’s annual meeting. The event is held in Omaha, Berkshire’s longtime headquarters city, and has become one of the best-known gatherings in the investing world.