Business Corpus: Warren Buffett: What To Expect From Berkshire Hathaway's 'Woodstock Of Capitalism'Here's a look at what to expect from Warren Buffett during Berkshire Hathaway's annual meeting, often called the Woodstock of Capitalism. The post Warren Buffett: What To Expect From Berkshire Hathaway's 'Woodstock Of Capitalism' appeared first on Investor's Business Daily.

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Berkshire Hathaway (BRKB) will hold its annual meeting on Saturday in Omaha, an event likely to draw thousands seeking financial enlightenment from Warren Buffett, the conglomerate's billionaire CEO and Wall Street's quintessential grandfather figure.

Here's a look at what to expect from the meeting that has been called the Woodstock of Capitalism.

Warren Buffett On The Economy

Buffett, in his 2017 shareholder letter, said "America's economic soil remains fertile." While President Trump has cut corporate taxes, he's also threatened to start a trade war with China. Markets also are worried about inflation and Fed rate hikes. Those developments could color whatever sweeping declarations Buffett might make about the nation's economy.

Warren Buffett On Buffett

In September, a JPMorgan analyst wrote that Buffett, 87, "shows no signs of slowing and could possibly be at the helm for another decade." But in January, Buffett appointed two insiders — Gregory Abel and Ajit Jain — to Berkshire Hathaway's board. He said they are "key figures" that "both have Berkshire in their blood." Wall Street will be listening for additional details.

Apple, Wells Fargo, $100 Billion Question

Buffett owns a ton of shares in Apple (AAPL) and Wells Fargo (WFC). He could offer more detail about why he's loaded up on the iPhone maker. He could also discuss the struggling Wells Fargo, which the Federal Reserve has barred from growing until the bank cleans itself up after several scandals surrounding its sales practices.

Meanwhile, RBC analyst Deane Dray sees General Electric (GE) as "an ideal Warren Buffett investment." Buffett bailed on GE stock last August. But Dray noted that earlier this year Buffett told CNBC that he would buy the industrial giant "at the right price." Buffett has rescued other big, ailing legacy businesses in the past.

Then there's the $100 billion in capital that Berkshire is sitting on. Investors, almost certainly, will be hoping to get a sense of whether Buffett might use it to buy a company, or more Apple stock, or put it toward a dividend.

Berkshire-JPMorgan-Amazon-care

JPMorgan Chase (JPM) CEO Jamie Dimon, in his own annual shareholder letter, offered some early but very broad details of the bank's health care collaboration with Berkshire and Amazon (AMZN). If Dimon can do it, maybe Buffett will too.

The companies in January said they would partner on "ways to address health care for their U.S. employees, with the aim of improving employee satisfaction and reducing costs," and create an "independent company that is free from profit-making incentives."

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The post Warren Buffett: What To Expect From Berkshire Hathaway's 'Woodstock Of Capitalism' appeared first on Investor's Business Daily.