Buzzword: Woodstock of Capitalism

Marketplace Staff May 4, 2007
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Buzzword: Woodstock of Capitalism

Marketplace Staff May 4, 2007
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A three-day trip, man . . . brings us this week’s Marketplace Money buzzword: Woodstock of Capitalism.

The Woodstock of Capitalism is an annual three-day meeting hosted by billionaire Warren Buffett. It’s held far from Woodstock, in Buffett’s home of Omaha, Neb. And instead of nude hippies, there’s thousands of squares in business suits. Shareholders in Buffett’s comapny Berkshire Hathaway. They come to groove on b’s “totally heavy” economic wisdom.

Wanna get on the list for the fest this week? Just buy Berkshire stock. One share will set you back around 108,000 bucks. Like, wow . . .

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