OMAHA, Nebraska ? The first Friday in May every year is a festive day in the Midwestern American city of Omaha, Nebraska. It is when Berkshire Hathaway - whose chairman and chief executive is Warren Buffett, the Oracle of Omaha - holds its annual shareholders’ meeting there.

I have been covering the event for seven years in a row since 2003, but little has changed. As always, the meeting was held at the convention center with 20,000 shareholders attending.

And as always, the five and half hour show began with a comic video featuring Warren Buffett, followed by a session with Charlie Munger, vice chairman and lifetime business partner of Buffett, answering questions from the shareholders. The only notable difference is the absence of Susan Buffett, Warren Buffett’s wife, who passed away in 2004.

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